Strive (ASST) raises SATA dividend, adds Bitcoin and $50M STRC stake
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Strive, Inc. announced several updates focused on its SATA preferred stock and balance sheet strategy. The dividend rate on SATA Stock was raised from 12.50% to 12.75% per year, and a cash dividend of $1.0625 per share was declared, payable on April 15, 2026 to stockholders of record on April 1, 2026.
Strive narrowed its targeted SATA trading range to $99–$101 per share and stated it does not intend to issue SATA via ATM or follow-on offerings below $100. The company increased its SATA dividend reserve to about 18 months, combining cash and holdings of STRC preferred stock, and indicated that aggregate Bitcoin, STRC, and cash reserves cover over 19 years of SATA interest payments.
As of March 9, 2026, Strive held $143.4 million of cash and cash equivalents and approximately 13,311 bitcoin, and had 56,897,668 Class A shares, 9,880,117 Class B shares, and 4,275,118 SATA shares outstanding. It also purchased $50 million, or 500,000 shares, of Strategy Variable Rate Series A Perpetual Stretch Preferred Stock.
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Insights
Strive tweaks SATA terms, bolsters reserves with Bitcoin and STRC.
Strive is fine-tuning its Digital Credit product, SATA, by slightly increasing the dividend rate to
The company backs this with a larger dividend reserve, now covering roughly 18 months of SATA payments through cash and STRC preferred holdings. It reports that combined Bitcoin, STRC, and cash resources cover over 19 years of SATA interest obligations as of
Strive’s purchase of
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________________________________________
FORM 8-K
_________________________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 11, 2026
_________________________________________________________
(Exact name of Registrant as Specified in Its Charter)
_________________________________________________________
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of principal executive offices and zip code) | ||||||||
Registrant’s Telephone Number, Including Area Code: (855 ) 427-7360
(Former Name or Former Address, if Changed Since Last Report)
_________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01. Other Events.
On March 11, 2026, Strive, Inc. (the "Company" or "Strive") released a press release announcing the following business updates. A copy of the press release is attached hereto as Exhibit 99.1.
Investment in Strategy STRC Stock
Strive has purchased $50 million of Strategy Variable Rate Series A Perpetual Stretch Preferred Stock (Nasdaq: STRC).
Cash and cash equivalents, bitcoin, and capital stock update
As of March 9, 2026, Strive held $143.4 million of cash and cash equivalents, of which $50 million was subsequently utilized to purchase shares of STRC, and 13,311 bitcoin. Strive had 56,897,668 shares of Class A common stock, 9,880,117 shares of Class B common stock, and 4,275,118 shares of Variable Rate Series A Perpetual Preferred Stock ("SATA Stock") outstanding as of March 9, 2026.
SATA Stock dividend coverage
Strive has an interest reserve totaling over 18 months of SATA Stock dividends, consisting of 12 months held in cash and cash equivalents and 6 months held in STRC (based on current STRC trading prices, which are subject to market conditions).
Enhancements to SATA Stock Guidance
Strive updated its intended long-term trading price range on SATA Stock from $95 to $105 per share of SATA Stock to $99 to $101 per share. Strive also does not intend to issue SATA Stock via the ATM program or follow-on offerings below a price of $100 per share of SATA Stock.
Adjustment to Dividend Rate on Variable Rate Series A Perpetual Preferred Stock
Strive's board of directors increased the regular dividend rate per annum on the SATA Stock from 12.50% to 12.75% effective for monthly periods commencing on or after March 16, 2026.
Cash Dividend Declaration
Strive announced that its board of directors declared a cash dividend of $1.0625 per share of SATA Stock, which represents a per annum dividend rate of 12.75% on the SATA Stock. Payment will be made on April 15, 2026 to stockholders of record of SATA Stock at the close of business on April 1, 2026.
ROC Dividend Guidance
From a U.S. federal income tax perspective, to the extent distributions on the SATA Stock are not treated as being made out of the Company's accumulated or current earnings and profits, they will be treated generally as tax-deferred recovery of capital to the extent of the investor’s tax basis (in the case of a U.S. investor) and will be treated as exempt from U.S. dividend withholding tax (in the case of a non-U.S. investor). The Company does not have any accumulated earnings and profits, and does not expect to generate current earnings and profits in the current year or the foreseeable future.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, express or implied statements regarding the outlook and expectations of Strive, the strategic benefits and financial benefits of the merger transaction with Semler Scientific, Inc. (the "merger transaction"), including the expected impact of the merger transaction on the combined company’s future financial performance and the ability to successfully integrate the combined businesses, and the Company’s intentions with respect to adjusting the SATA Stock monthly regular dividend rate per annum. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgments of Strive and its respective management team about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements as a result of various important factors. Other risks, uncertainties and assumptions, including, among others, the following:
•the outcome of any legal proceedings that may be instituted against Strive or its subsidiaries;
•the possibility that the anticipated benefits of the merger transaction are not realized when expected or at all, including as a result of changes in, or problems arising from, implementation of Bitcoin treasury strategies and risks associated with Bitcoin
and other digital assets, general economic and market conditions, interest and exchange rates, monetary policy, and laws and regulations and their enforcement;
•the diversion of management’s attention from ongoing business operations and opportunities;
•dilution caused by Strive’s issuance of additional shares of its Class A common stock or SATA Stock;
•potential adverse reactions of Strive’s clients and customers or changes to business or employee relationships, including those resulting from the completion of the merger transaction;
•other factors that may affect future results of Strive or the future trading performance of its Class A common stock or SATA Stock.
•These factors are not necessarily all of the factors that could cause the combined company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm the combined company’s results.
Although Strive believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that the actual results of Strive will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in Strive’s Annual Report on Form 10-K, Strive’s Form S-4 filed on August 6, 2025 and October 10, 2025, under the “Supplementary Risk Factors” filed as an exhibit to Strive’s Current Report on Form 8-K filed with the SEC on September 24, 2025, Semler Scientific’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024 and quarterly reports on Form 10-Q, and other documents subsequently filed by Strive and Semler Scientific, Inc. with the SEC.
The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive or its businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements contained herein speak only as of the date hereof, and Strive undertakes no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
| Exhibit No. | Description | |||||||
| 99.1 | Press release, dated March 11, 2026. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Strive, Inc. | |||||||||||
| Date: | March 11, 2026 | By: | /s/ Matthew Cole | ||||||||
| Matthew Cole | |||||||||||
| Chief Executive Officer | |||||||||||
Strive Announces SATA Enhancements and Purchase of Bitcoin & STRC
DALLAS, TX—(GLOBE NEWSWIRE)—March 11, 2026—Strive, Inc. (Nasdaq: ASST; SATA) (“Strive” or the “Company”) today announced the following updates:
•SATA dividend rate increased by 25 bps to 12.75%. Dividend declared of $1.0625 per share of SATA Stock to stockholders of record the close of business on April 1, 2026, payable on April 15, 2026
•Targeted SATA price range narrowed to $99-$101 from $95-$105
•Updated guidance to not issue SATA via ATM or follow-on offerings below $100.00
•Purchased 179 additional Bitcoin since last filing and now holds approximately 13,311 BTC
•Purchased $50 million (500,000 shares) of Strategy Variable Rate Series A Perpetual Stretch Preferred Stock (Nasdaq: STRC)
•SATA dividend reserve increased to 18 months (12 months cash and cash equivalents + 6 months STRC based on current STRC trading prices, which are subject to market conditions) from previously reported 12-month cash reserve
•Aggregate Bitcoin, STRC, and cash reserves cover over 19 years of SATA interest payments as of March 9th
•As of March 9, 2026, Strive held $143.4 million of cash and cash equivalents, of which $50 million was subsequently utilized to purchase shares of STRC, and approximately 13,311 Bitcoin. Strive had 56,897,668 shares of Class A common stock, 9,880,117 shares of Class B common stock, and 4,275,118 shares of SATA Stock outstanding as of March 9, 2026
“We believe Digital Credit could be a multi-trillion-dollar opportunity, and every single update today aims to improve the credit quality and lower the expected volatility profile of our Digital Credit product, SATA,” said Matthew Cole, Chairman & Chief Executive Officer of Strive, Inc. "We’re focused on building a track record of success for SATA by maintaining a stable trading range and keeping a strong balance sheet, which we believe will generate attractive long-term returns to our common equity shareholders vs our Bitcoin hurdle rate.”
“The addition of STRC to our balance sheet reflects our view that it is a high-quality credit instrument with a compelling risk-return profile that offers clear advantages over traditional fixed income assets,” said Jeff Walton, Chief Risk Officer of Strive. “Its combination of higher yield and greater liquidity allows us to optimize our capital structure and rethink how we allocate short and moderate duration capital. This positions Strive to strengthen our long-term financial profile and credit quality, and to maintain a disciplined, forward-looking approach to digital capital.”
“This latest purchase strengthens our balance sheet and reflects our disciplined approach to continued Bitcoin accumulation,” said Ben Werkman, Chief Investment Officer of Strive. “We believe both STRC and SATA offer a compelling investment opportunity for corporate balance sheets given the volatility profile, liquidity, and yield they offer to investors.”
About Strive
Strive is a structured finance company and institutional asset manager focused on disciplined capital allocation and long-term value creation. With Bitcoin as our hurdle rate for capital deployment, Strive is focused on increasing Bitcoin per share to outperform Bitcoin over the long run. Strive holds approximately 13,311 Bitcoin as of March 9, 2026.
Strive Asset Management, LLC, a direct, wholly owned subsidiary of Strive and an SEC-registered investment adviser, manages over $2.5 billion in assets. Learn more at strive.com.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, express or implied statements regarding the outlook and expectations of Strive, the strategic benefits and financial benefits of the merger transaction with Semler Scientific, Inc. (the "merger transaction"), including the expected impact of the merger transaction on the combined company’s future financial performance and the ability to successfully integrate the combined businesses, and the Company’s intentions with respect to adjusting the SATA Stock monthly regular dividend rate per annum. Such statements are often
characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgments of Strive and its respective management team about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements as a result of various important factors. Other risks, uncertainties and assumptions, including, among others, the following:
•the outcome of any legal proceedings that may be instituted against Strive or its subsidiaries;
•the possibility that the anticipated benefits of the merger transaction are not realized when expected or at all, including as a result of changes in, or problems arising from, implementation of Bitcoin treasury strategies and risks associated with Bitcoin and other digital assets, general economic and market conditions, interest and exchange rates, monetary policy, and laws and regulations and their enforcement;
•the diversion of management’s attention from ongoing business operations and opportunities;
•dilution caused by Strive’s issuance of additional shares of its Class A common stock or SATA Stock;
•potential adverse reactions of Strive’s clients and customers or changes to business or employee relationships, including those resulting from the completion of the merger transaction;
•other factors that may affect future results of Strive.
•These factors are not necessarily all of the factors that could cause the combined company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm the combined company’s results.
Although Strive believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that the actual results of Strive will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in Strive’s Annual Report on Form 10-K, Strive’s Form S-4 filed on August 6, 2025 and October 10, 2025, under the “Supplementary Risk Factors” filed as an exhibit to Strive’s Current Report on Form 8-K filed with the SEC on September 24, 2025, Semler Scientific’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024 and quarterly reports on Form 10-Q, and other documents subsequently filed by Strive and Semler Scientific, Inc. with the SEC.
The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive or its businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements contained herein speak only as of the date hereof, and Strive undertakes no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.
Strive Media Contact:
media@strive.com
media@strive.com
Investor Contact:
ir@strive.com
Source: Strive, Inc.
ir@strive.com
Source: Strive, Inc.
2
FAQ
What dividend changes did Strive (ASST) announce for SATA Stock?
Strive increased the regular dividend rate on SATA Stock to 12.75% per year and declared a $1.0625 per share cash dividend, payable April 15, 2026 to holders of record on April 1, 2026, reinforcing its income profile for preferred shareholders.
How did Strive (ASST) update its SATA trading price guidance?
Strive narrowed its intended long-term trading price range for SATA Stock from $95–$105 to $99–$101 per share. It also stated it does not intend to issue SATA via ATM or follow-on offerings below $100 per share, emphasizing price discipline.
What reserves back Strive’s SATA dividend and interest payments?
Strive now maintains an interest reserve covering about 18 months of SATA dividends, with 12 months in cash and equivalents and six months in STRC holdings. It reports that aggregate Bitcoin, STRC, and cash reserves cover over 19 years of SATA interest obligations as of March 9, 2026.
What are Strive’s current Bitcoin and cash holdings?
As of March 9, 2026, Strive held $143.4 million in cash and cash equivalents and approximately 13,311 bitcoin. These assets form a key part of its treasury strategy, supporting both its Digital Credit product SATA and broader balance sheet objectives.
What investment did Strive (ASST) make in STRC preferred stock?
Strive purchased $50 million, or 500,000 shares, of Strategy Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). Management views STRC as a high-yield, liquid credit instrument that helps optimize capital structure and support long-term financial and credit quality goals.
How many shares of Strive’s common and SATA Stock are outstanding?
As of March 9, 2026, Strive had 56,897,668 shares of Class A common stock, 9,880,117 shares of Class B common stock, and 4,275,118 shares of SATA Stock outstanding. These figures provide context for dividend obligations and the scale of its Digital Credit program.
Filing Exhibits & Attachments
5 documentsPress Releases
Strive
NASDAQ:ASST
ASST Rankings
ASST Latest News
ASST Latest SEC Filings
Feb 19, 2026
[Form 4] Strive, Inc. Insider Trading Activity
Feb 17, 2026
[Form 4] Strive, Inc. Insider Trading Activity