Strive Lists Second Preferred Stock, SATS, With 15% Dividend on Nasdaq
Strive, a bitcoin treasury company, started trading its second preferred stock, called SATS, on Nasdaq on Tuesday. The stock carries a 15% dividend. Traders may watch it as a new way to gain exposure to bitcoin-linked companies.
Why it matters
- Strive is a bitcoin treasury company, so its stock can reflect bitcoin-related sentiment.
- SATS is Strive's second preferred stock offering, showing the company is returning to the market.
- The preferred stock carries a 15% dividend, which may draw income-focused investors.
What to watch next
Watch how SATS trades on Nasdaq in its first sessions and whether its price holds near its initial trading level.
