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

CoinDesk Staff

(12:00 PM UTC)

1 min read

Reviewed byMichael Roberts

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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…

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CoinDesk Staff · CoinDesk

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