Strive Inc. will convert its SATA preferred stock to a daily dividend schedule starting June 16, 2026, making it the first US-listed security to pay cash dividends every business day. The firm currently pays a 13% annualized dividend monthly; the shift to roughly 250 business days per year pushes the effective annual yield to 13.88% through compounding. CEO Matthew Cole called the move a 'zero-to-one innovation' and referred to Strive as 'The Daily Dividend Company.'
How the math works
Instead of one monthly payment, shareholders will receive a smaller amount each trading day. Strive says the compounding effect over about 250 business days accounts for the extra 0.88 percentage points on top of the stated 13% annualized rate. The structure is designed for investors who want regular cash flow rather than waiting for a single monthly deposit.
Bitcoin holdings and the Q1 loss
Strive's first-quarter GAAP net loss came in at $265.9 million. Almost all of that — $295.8 million — was tied to the fair value decline in its Bitcoin holdings, which accounted for 96.6% of the loss. The company added 6,001 BTC during Q1, including 5,048 BTC from the all-stock acquisition of Semler Scientific, plus another 1,381 BTC in April and early May. As of May 12, Strive held 15,009 BTC, ranking ninth among public corporate holders according to Bitcoin Treasuries data.
Debt-free balance sheet
Strive carries no short- or long-term debt. It reported $87.6 million in cash and a $50.5 million position in Strategy's STRC preferred stock. The absence of debt gives the firm flexibility to continue buying Bitcoin or fund the daily dividend program without leverage pressure.
What comes next
The daily dividend plan kicks off June 16. Shareholders will see the first daily payment that day. Strive hasn't said whether it will expand the daily model to other securities, but Cole's 'Daily Dividend Company' branding suggests the firm sees this as a core differentiator. Whether the Bitcoin price volatility that drove the Q1 loss will complicate the dividend math is an open question.
