Companies /Financial Services

Strive, Inc. Variable Rate Series A Perpetual Preferred Stock

NASDAQ: SATA Asset Management
$97.67
▼ $1.12 (−1.13%) today
Markets closed · 8:31am ET

SATA at a Glance

Profitability
Revenue (TTM)
$8.5M
Price
52-week range
$73 – $100

Headquartered in Dallas, TX Fiscal year ends December NASDAQ: SATA strive.com

About Strive

Strive, Inc. (Nasdaq: ASST, SATA) is a structured finance company focused on disciplined capital allocation and long-term value creation, having strategically adopted bitcoin as its hurdle rate for capital deployment. The company acquires and holds bitcoin on its balance sheet as a core treasury asset, financing purchases through equity issuances including Class A common stock and Variable Rate Series A Perpetual Preferred Stock (SATA Stock). Strive Asset Management, LLC, a direct wholly owned subsidiary and SEC-registered investment adviser, manages over $2.8 billion in assets. The company operates a dual-class common stock structure (Class A and Class B) and has completed a merger transaction with Semler Scientific, Inc. Strive's SATA Stock pays daily business-day dividends at an annualized rate of 13.00%, positioning it as a distinctive income-generating preferred equity instrument tied to a bitcoin treasury strategy. Updated

SATA Coverage

Frequently Asked Questions

What does Strive do?

Strive, Inc. (Nasdaq: ASST, SATA) is a structured finance company focused on disciplined capital allocation and long-term value creation, having strategically adopted bitcoin as its hurdle rate for capital deployment.