Strive Inc. increased its bitcoin treasury to 15,009 BTC and will shift its preferred stock to a daily dividend structure, a move aimed at positioning the firm as a daily income instrument backed by its growing crypto holdings.
"This is a zero-to-one innovation for the U.S. capital markets," Matthew Cole, Chairman and CEO of Strive, said in a statement alongside the company's first-quarter results. "We are now The Daily Dividend Company."
The company acquired 1,381 bitcoin between April 1 and May 12, following the 6,001 BTC added in the first quarter. Starting June 16, 2026, its Variable Rate Series A Perpetual Preferred Stock (SATA) will pay cash dividends daily at an annualized rate of 13.00 percent. The move comes despite a reported GAAP net loss of $265.9 million for Q1, driven by fair-market value changes in its bitcoin holdings.
Strive's strategy creates a clear contrast with market leader Strategy, which holds 818,869 BTC. While Strategy focuses on large-scale bitcoin accumulation funded by debt, Strive is creating a yield-generating product to attract income-focused investors, betting that a daily dividend can offer a more stable appeal than pure bitcoin price exposure.
Bitcoin Accumulation Race
Strive's recent purchases solidify its position as the ninth-largest corporate bitcoin holder, according to public data. The company's 15,009 BTC still trails far behind the leader, Strategy, which holds 818,869 BTC. However, Strive's pace is accelerating, with the firm adding nearly 10% to its treasury in the last six weeks.
The corporate treasury landscape is dynamic. While Strive and Strategy are accumulating, others are selling. MARA Holdings recently sold 3,386 BTC as it pivots its corporate strategy. The top five public holders after Strategy include Twenty One Capital (43,514 BTC), Metaplanet Inc (40,177 BTC), MARA Holdings, Inc (35,303 BTC), and Bitcoin Standard Treasury Company (30,021 BTC).
A New Kind of Preferred Stock
The shift to a daily dividend for the SATA stock is a novel approach in capital markets. Strive claims it will be the first listed security in U.S. history to offer daily cash payments. This structure aims to attract a different class of investor than those simply seeking bitcoin exposure through ETFs or direct ownership.
The move also puts it in direct competition with Strategy's own preferred stock, STRC, which offers an 11.5% dividend and recently saw record trading volume of $1.53 billion. While Strategy has proposed moving to semi-monthly dividends, Strive's daily payout is a more aggressive step toward creating a crypto-backed, high-frequency income product. As of May 12, Strive held $87.6 million in cash and equivalents with no outstanding debt.
This article is for informational purposes only and does not constitute investment advice.
