Strive launches first daily dividend security in U.S. markets

CoinDesk Staff

(12:00 PM UTC)

1 min read

Strive’s SATA to become first U.S. listed security to pay daily cash dividends

The daily payout structure lifts the effective yield to 13.88% as the company eliminates all debt and expands its bitcoin treasury strategy.

Strive (ASST) said that its preferred stock will begin paying cash dividends every single business day from June 16, a first in U.S.-listed securities history.

CEO Matthew Cole…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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