Strive, Inc. Variable Rate Series A Perpetual Preferred Stock 8-K Filings

Strive, Inc. (ASST) reported that between September 8 and September 11, 2026 it purchased 469 bitcoin at an average price of approximately $77,954 per bitcoin, inclusive of fees and expenses. Following these purchases, bitcoin holdings increased from 24,531 to 25,000 bitcoin.

As of September 11, 2026, Strive listed $204.2 million in cash and cash equivalents and STRC Stock with a fair value of $49.8 million. Class A common shares outstanding were 85,730,853 and Class B shares were 9,237,911, for 94,968,764 Effective Common Shares Outstanding. SATA Stock outstanding rose to 10,397,966 shares, and Assumed Fully Diluted Shares were 98,139,091, excluding 26,596,010 shares underlying Traditional Warrants.

Strive, Inc. (ASST) reported that between August 31 and September 4, 2026, it purchased 1,375 bitcoin at an average price of approximately $79,281 per bitcoin, inclusive of fees and expenses.

As of September 4, 2026, cash and cash equivalents were $202.6 million, up from $183.5 million as of August 28, 2026. The fair value of the Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. remained roughly stable at $49.4 million, with 505,000 STRC shares held. Bitcoin holdings increased from 23,156 to 24,531 bitcoin. Class A common shares outstanding rose from 83,470,035 to 85,696,647, while Class B shares decreased from 9,792,535 to 9,237,911. SATA preferred shares outstanding increased from 9,073,914 to 9,995,425. Strive also updated counts for options, unvested employee stock awards, and assumed fully diluted shares outstanding.

Strive, Inc. (ASST) reports additional bitcoin purchases and updated balance sheet and capital structure data for the period around August 21, 2026. Between August 17 and August 21, 2026, Strive purchased 1,110 bitcoin at an average price of approximately $73,409 per bitcoin, inclusive of fees and expenses, increasing its bitcoin holdings from 20,246 to 21,356.

Cash and cash equivalents rose from $154,800 thousand to $171,900 thousand, an increase of $17,100 thousand. The fair value of Strive’s holdings of Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (STRC Stock) increased from $47,864 thousand to $48,571 thousand, while the number of STRC shares held remained at 505,000.

Class A common stock outstanding increased from 76,244,588 to 79,890,888, and SATA Stock outstanding increased from 7,829,502 to 8,270,815. Effective Common Shares Outstanding rose from 86,037,123 to 89,683,423, and Assumed Fully Diluted Shares Outstanding increased from 89,302,926 to 92,949,226, excluding 26,596,010 shares underlying Traditional Warrants.

Strive, Inc. reported that between August 10–14, 2026 it purchased 79 bitcoin at an average price of approximately $63,231 per bitcoin, inclusive of fees and expenses. As of August 14, 2026, Strive held 20,246 bitcoin, up from 20,167 a week earlier.

Cash and cash equivalents were $154.8 million (in thousands) as of August 14, 2026, compared with $154.9 million as of August 7, 2026. The fair value of Strive’s holdings of Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. remained based on 505,000 shares and was $47.864 million. Class A common stock outstanding increased from 75,647,438 to 76,244,588 shares, while Class B common stock remained 9,792,535 shares; this resulted in Effective Common Shares Outstanding of 86,037,123. Assumed Fully Diluted Shares were 89,302,926, excluding 26,596,010 shares underlying traditional warrants. The number of Variable Rate Series A Perpetual Preferred Stock (“SATA Stock”) shares outstanding was unchanged at 7,829,502.

Strive, Inc. reported that its board of directors maintained the regular dividend rate on its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at 13.00% per annum, effective for periods commencing on or after September 1, 2026.

The board also declared daily cash dividends of $0.0516 per share of SATA Stock for each of the 21 business days from September 1, 2026 through September 30, 2026, totaling $1.0836 per share for the full monthly period, with each payment to stockholders of record on the immediately preceding business day. Strive states that it has no accumulated earnings and profits and does not expect to generate current earnings and profits in the current year or the foreseeable future, so a portion or all of these distributions may be treated as tax-deferred recovery of capital for U.S. investors and exempt from U.S. dividend withholding tax for non-U.S. investors.

Strive, Inc. reported second quarter 2026 results that highlight its pivot to a bitcoin-centric balance sheet alongside very large accounting losses driven by market volatility. For the three months ended June 30, 2026, total revenues were $2.9 million, primarily from investment advisory and medical device revenues, while GAAP net loss was $257.6 million, largely due to $228.0 million of net unrealized losses on digital assets and additional losses on preferred equity investments.

As of June 30, 2026, total assets were $1.38 billion, including $1.16 billion of digital assets measured at fair value. By August 7, 2026, the company had acquired 12,237 bitcoin year-to-date, achieved a reported Bitcoin Yield of 23.9% for the quarter and 37.7% for the first half, and held cash and cash equivalents of $154.9 million. Management states that all short- and long-term debt has been retired, leaving the company debt-free, and that 7.8 million shares of its SATA preferred stock were outstanding with a $783.0 million redemption value and liquidation preference as of June 30, 2026.

The SATA preferred began paying daily cash dividends on June 16, 2026 at a stated current annualized rate of 13.00%, and Strive has paid 44 consecutive dividends as of August 7, 2026. Net loss attributable to common stockholders for the quarter was $283.8 million, or $(3.77) per basic and diluted share, and non-GAAP adjusted net loss attributable to common stockholders was $275.0 million, or $(3.65) per diluted share, after excluding items such as share-based compensation, fair value changes on debt, transaction costs, and other investment losses.

Strive, Inc. reported recent treasury and capital structure activity. Between August 3 and August 7, 2026, the company purchased 147 bitcoin at an average price of approximately $64,812 per bitcoin, inclusive of fees and expenses.

As of August 7, 2026, cash and cash equivalents were $154,900 thousand, up from $151,300 thousand as of July 31, 2026. The fair value of the company’s holdings of Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. was $47,980 thousand, compared with $45,177 thousand previously, with 505,000 STRC shares held on both dates. Bitcoin holdings increased from 20,020 to 20,167.

Class A common shares outstanding rose from 74,417,438 to 75,647,438, while Class B remained at 9,792,535, bringing Effective Common Shares Outstanding to 85,439,973. Assumed Fully Diluted Shares Outstanding increased to 88,705,776, reflecting more unvested employee stock awards. Shares underlying traditional warrants were 26,596,010, and outstanding Variable Rate Series A Perpetual Preferred Stock (SATA Stock) was 7,829,502.

Strive, Inc. reported that between July 27 and July 31, 2026 it purchased 20 bitcoin at an average price of approximately $63,191 per bitcoin, inclusive of fees and expenses. As of July 24 and July 31, 2026, cash and cash equivalents were 154,000 and 151,300 (in thousands), respectively, a decrease of 2,700 (in thousands). Over the same period, the fair value of its holdings of Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. increased from 43,879 to 45,177 (in thousands), with 505,000 STRC shares held. Bitcoin holdings rose from 20,000 to 20,020.

As of July 31, 2026, Strive reported 74,417,438 Class A common shares, 9,792,535 Class B common shares, and 7,829,502 shares of its Variable Rate Series A Perpetual Preferred Stock (SATA). Effective Common Shares Outstanding were 84,209,973, and Assumed Fully Diluted Shares Outstanding were 86,804,205, excluding 26,596,010 shares underlying traditional warrants. The company also reiterated forward-looking statements regarding its merger with Semler Scientific, bitcoin treasury strategies, and potential adjustments to the SATA dividend rate.

Strive, Inc. reported that between July 20 and July 24, 2026 it purchased 79 bitcoin at an average price of approximately $65,723 per bitcoin, inclusive of fees and expenses. Following these purchases, bitcoin holdings increased from 19,921 to 20,000 as of July 24, 2026.

As of July 24, 2026, cash and cash equivalents were $154,000k, and the fair value of STRC Stock held was $43,879k, with 505,000 STRC shares unchanged. Class A common shares outstanding rose to 74,307,438, while Class B shares were 9,792,535, resulting in Effective Common Shares Outstanding of 84,099,973 and Assumed Fully Diluted Shares of 86,694,972. Shares underlying traditional warrants (26,596,510) and SATA preferred stock (7,829,502) were unchanged. The company also reiterated extensive forward-looking statement cautions related to its merger with Semler Scientific, bitcoin treasury strategies, and potential adjustments to SATA dividend rates.

Strive, Inc. reported additional bitcoin purchases and updated key balance figures for mid-July 2026. Between July 13 and July 17, the company purchased 21 bitcoin at an average price of approximately $63,221 per bitcoin, increasing its holdings from 19,900 to 19,921 bitcoin.

As of July 17, 2026, cash and cash equivalents were $157,400 (in thousands), compared with $154,100 (in thousands) on July 10. The fair value of its STRC stock position was $43,071 (in thousands) based on 505,000 shares held. Class A common shares outstanding were 73,869,961, Class B shares were 9,800,012, and SATA preferred shares were 7,829,502.

Strive, Inc. reported that its board of directors maintained the regular annual dividend rate on its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at 13.00%, effective for periods commencing on or after August 1, 2026.

The board declared daily cash dividends of $0.0516 per share of SATA Stock for each of the 21 business days from August 3 through August 31, 2026, totaling $1.0836 for the full monthly period. Dividends are payable to stockholders of record at the close of business on the immediately preceding business day. For U.S. federal income tax purposes, Strive states it has no accumulated earnings and profits and does not expect to generate current earnings and profits in the current year or the foreseeable future, so these distributions are generally treated as a tax-deferred recovery of capital for U.S. investors and exempt from U.S. dividend withholding tax for non‑U.S. investors.

Strive, Inc. reported that between July 6 and July 10, 2026 it purchased 18 bitcoin at an average price of approximately $64,028 per bitcoin, inclusive of fees and expenses.

As of July 2, 2026, cash and cash equivalents were $153,400 thousand, increasing to $154,100 thousand as of July 10, 2026, a change of $700 thousand. The fair value of the Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. was $44,379 thousand as of July 2, 2026 and $44,177 thousand as of July 10, 2026.

Bitcoin holdings were 19,882 as of July 2, 2026 and 19,900 as of July 10, 2026. Shares outstanding as of these dates changed as follows: Class A common stock from 72,945,813 to 73,426,164, Class B common stock from 9,780,018 to 9,803,347, and Variable Rate Series A Perpetual Preferred Stock (SATA Stock) remained at 7,829,502, with share figures including shares sold through 4:00 p.m. EST that are issued the following business day.

Strive, Inc. reported additional bitcoin purchases and updated balance sheet metrics tied to its bitcoin-focused strategy. Between June 29 and July 2, 2026, the company purchased 17.76 bitcoin at an average price of about $59,850 per bitcoin, inclusive of fees.

As of June 26 to July 2, 2026, cash and cash equivalents increased from $141,700 thousand to $153,400 thousand, while bitcoin held rose from 19,864 to 19,882. The fair value of Strategy Inc. STRC stock increased from $37,658 thousand to $44,379 thousand over the same window. As of June 30, 2026, Strive held 19,864 bitcoin with a value of $1,164,639 thousand, cash of $144,500 thousand, STRC stock valued at $42,854 thousand, and total balance sheet assets of $1,351,993 thousand.

Select metrics show assumed diluted shares outstanding rising to 84,653,128 at June 30, 2026, with bitcoin per assumed diluted share of 23,465 SATs, a quarterly BTC Yield of 24.0%, and a Bitcoin $ Gain of $191,347 thousand. Management stresses these bitcoin-specific metrics are illustrative, not traditional performance or valuation measures, and the financial data for the quarter ended June 30, 2026 remain preliminary and unaudited.

Strive, Inc. filed an update on its cash, bitcoin, holdings of Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock, and share counts. As of June 26, 2026, cash and cash equivalents (in thousands) were $141,700, down from $144,500 on June 18, a decrease of $2,800.

The fair value of STRC Stock (in thousands) declined from $44,738 to $37,658 over the same period, a change of $7,080, while the number of STRC shares held remained 505,000. Bitcoin held was unchanged at 19,864.

Shares outstanding of Class A common stock increased from 71,787,867 to 71,864,809, a rise of 76,942 shares, while Class B common stock and the SATA Stock counts were unchanged. The company also included a detailed cautionary statement about forward-looking statements related to its merger transaction and bitcoin treasury strategies.

Strive, Inc. reported additional bitcoin purchases and updated key balance figures. Between June 15 and June 21, 2026, the company bought 759 bitcoin at an average price of about $65,850 per bitcoin, including fees.

As of June 18, 2026, Strive held 19,864 bitcoin, up from 19,105 on June 12. Cash and cash equivalents rose from $141.4 million to $144.5 million. The fair value of its STRC stock position declined from $47.9 million to $44.7 million, while STRC shares held remained 505,000. Shares outstanding increased to 71,787,867 Class A and 7,829,502 SATA preferred, reflecting recent share issuances.

Strive, Inc. reported recent bitcoin purchases and updated key balance sheet figures. Between June 8 and June 14, 2026, the company bought 73 bitcoin at an average price of about $63,646 per bitcoin, including fees and expenses.

As of June 12, 2026, cash and cash equivalents were $141,400 (in thousands), up from $139,200 (in thousands) on June 5, 2026. The fair value of Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (STRC Stock) was $47,874 (in thousands), with 505,000 STRC shares held. Bitcoin holdings increased from 19,032 to 19,105. Class A common shares outstanding rose from 69,410,645 to 69,894,045, while Class B common stock and SATA preferred share counts were unchanged.

Strive, Inc. announced that its board maintained the regular dividend rate on its Variable Rate Series A Perpetual Preferred Stock (SATA) at 13.00% per annum for periods starting on July 1, 2026.

The board also declared daily cash dividends of $0.0493 per SATA share, or $1.0846 for the full July 2026 monthly period, across 22 business days

Strive stated it has no accumulated earnings and profits and does not expect to generate current earnings and profits in the current year or the foreseeable future, so a portion of SATA distributions may be treated as tax-deferred recovery of capital for U.S. investors.

Strive, Inc. reported recent changes in its balance sheet and digital asset holdings. Between June 2 and June 7, 2026, the company purchased 32 bitcoin at an average price of approximately $63,911 per bitcoin, including fees, increasing its bitcoin position from 19,000 to 19,032 as of June 5, 2026.

Cash and cash equivalents rose from $137.3 million to $139.2 million over the same period, while the fair value of its holdings of Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. decreased from $49.5 million to $47.2 million. Class A common shares outstanding increased from 69,089,145 to 69,410,645, a net addition of 321,500 shares, including shares sold that will settle the following business day. The company also reiterated extensive forward-looking statement cautions, highlighting risks tied to its merger transaction with Semler Scientific, Inc., bitcoin strategies, capital raising via ATM programs, and potential dilution from future Class A or preferred share issuances.

Strive, Inc. reported a major shift in its balance sheet driven by additional bitcoin purchases and capital activity. Between May 23 and June 1, 2026, the company bought 2,500 bitcoin at an average price of about $74,092 per bitcoin, raising its total holdings to 19,000 bitcoin.

Over roughly the same period, cash and cash equivalents increased from $93.3 million to $137.3 million, while the fair value of its STRC Stock slipped slightly from $50.1 million to $49.5 million. Shares outstanding of Class A common stock rose from 65,898,527 to 69,089,145 and SATA preferred shares from 5,759,719 to 7,513,907, while Class B shares declined modestly.

Strive, Inc. is planning a near-term refresh of its at-the-market (ATM) equity programs for both its Class A common stock and its Variable Rate Series A Perpetual Preferred Stock (SATA Stock). The company currently expects to increase the maximum aggregate offering size of each ATM program by $2.1 billion. This would bring the Class A common stock ATM capacity to $2,550,000,000 and the SATA Stock ATM capacity to $2,600,000,000, providing significant room for future issuances if the programs are used. These amendments remain subject to completion and filing of updated ATM documentation and related corporate approvals, and the disclosure explicitly states it is not itself an offer or solicitation to sell securities.

Strive, Inc. disclosed that it purchased 1,109 bitcoin between May 19 and May 22, 2026 at an average price of approximately $76,989 per bitcoin, including fees and expenses. This expands its digital asset exposure while keeping substantial cash on hand.

As of May 22, 2026, cash and cash equivalents were $93.3 million, up from $87.3 million on May 18, 2026, and the fair value of its STRC Stock position was $50.1 million, slightly above $49.8 million. Bitcoin holdings increased from 15,391 to 16,500. Over the same period, Class A common shares outstanding rose from 63,666,527 to 65,898,527 and SATA Stock from 5,244,421 to 5,759,719, while Class B shares were unchanged. Strive is also evaluating a near-term refresh of its at-the-market programs for its Class A common stock and SATA Stock.

Strive, Inc. reported additional bitcoin purchases as part of its treasury strategy. Between May 13 and May 18, 2026, the company bought 381.61 bitcoin at an average price of about $79,348 per bitcoin, including fees. As of May 18, 2026, Strive held 15,391 bitcoin in its treasury, alongside $87.3 million in cash and cash equivalents and $49.8 million invested in Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy, Inc. The company also reported 63,666,527 shares of Class A common stock, 9,870,636 shares of Class B common stock, and 5,244,421 shares of its Variable Rate Series A Perpetual Preferred Stock outstanding as of that date.

Strive, Inc. reported first quarter 2026 results and detailed its bitcoin-focused balance sheet and capital strategy while introducing daily dividends on its SATA preferred stock. Revenue was $2.8 million, but GAAP net loss reached $265.9 million, driven largely by a $295.8 million unrealized loss on bitcoin measured at fair value.

Strive closed its all-stock acquisition of Semler Scientific, adding about 5,048 bitcoin, and bought additional bitcoin on the open market, bringing its treasury to 15,009 bitcoin as of May 12, 2026. It reported Bitcoin Yield of 11.1% in Q1 2026 and 4.6% quarter-to-date in Q2, and Bitcoin $ Gain of $57.8 million in Q1 and $50.1 million quarter-to-date.

As of May 12, 2026, Strive held $87.6 million of cash and cash equivalents, STRC preferred equity with a $50.5 million fair value, and had repurchased its remaining long-term notes payable to become debt-free. The board maintained the SATA dividend rate at 13.00% per year, declared a $1.0833 per-share cash dividend payable June 15, 2026, and approved daily cash dividends of $0.0542 per share for each business day from June 16 through June 30, 2026.

Strive, Inc. reports two key capital structure updates. First, its subsidiary Semler Scientific, Inc. repurchased and cancelled all remaining 4.25% Convertible Senior Notes due 2030. The related Indenture has been satisfied and discharged, releasing Semler Scientific from its remaining obligations other than provisions that expressly survive.

Second, Strive amended and restated the Certificate of Designation for its Variable Rate Series A Perpetual Preferred Stock (SATA Stock). Effective at 12:01 a.m. Pacific Daylight Time on June 15, 2026, regular dividends will be calculated on a monthly basis and subdivided into equal installments paid on each Business Day of the Monthly Dividend Period. Unpaid regular dividends will accrue additional “Compounded Dividends” at a monthly rate until brought current, with key dates anchored to a Monthly Dividend Compliance Date, initially June 15, 2026 and then the last calendar day of each month. Other material SATA terms remain unchanged from the original designation.

Strive, Inc. reported an update on its balance sheet and capital structure as of May 1, 2026. The company’s bitcoin treasury totaled 15,000 bitcoin, alongside $97.9 million in cash and cash equivalents and $50.4 million in Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy, Inc.

Strive had 63,129,587 shares of Class A common stock, 9,893,844 shares of Class B common stock, and 4,959,536 shares of its Variable Rate Series A Perpetual Preferred Stock outstanding as of that date. The company also includes extensive cautionary language about forward‑looking statements, including risks related to its merger transaction with Semler Scientific and its bitcoin treasury strategies.

Strive, Inc. reported updated balance sheet figures and fresh Bitcoin activity. As of April 24, 2026, the company held $90.5 million in cash and cash equivalents, $50.3 million in Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc., and about 14,557 Bitcoin.

Strive recently purchased roughly 789 Bitcoin, reinforcing its strategy of using Bitcoin as a core treasury and capital allocation benchmark. The company also confirmed 62,888,587 Class A shares, 9,893,844 Class B shares, and 4,573,194 SATA preferred shares outstanding as of April 24, 2026.

Through its True North sub-brand, Strive is hosting a “Bitcoin for Business” summit in Lake Oswego on May 21, 2026, aimed at educating corporate leaders on how Bitcoin is influencing treasury management and corporate finance.

Strive, Inc. reported updated balance sheet and capital metrics alongside a higher dividend on its SATA preferred stock. As of April 13, 2026, the company held $89.7 million in cash and cash equivalents, $50.5 million in Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc., and about 13,768 bitcoin. Strive had 59,824,987 Class A shares, 9,893,844 Class B shares, and 4,373,194 SATA preferred shares outstanding.

The board increased the regular annual dividend rate on SATA Stock from 12.75% to 13.00%, declaring a cash dividend of $1.0833 per share payable on May 15, 2026 to holders of record on May 1, 2026. Strive expects SATA dividends to qualify as a return of capital for U.S. tax purposes to the extent of a holder’s tax basis. The company stated it has no accumulated earnings and profits and does not expect to generate current earnings and profits in the current year or the foreseeable future.

Strive also disclosed the purchase of approximately 27 additional bitcoin, bringing holdings to roughly 13,768 bitcoin, and noted that, at a 13.00% SATA yield and a bitcoin price of $74,750, its current balance sheet and structure could support SATA dividend obligations for about 19.6 years.

Strive, Inc. filed an update on its balance sheet mix and share count. As of April 2, 2026, the company’s bitcoin treasury totaled 13,741 bitcoin. It also reported $86.9 million in cash and cash equivalents and $50.5 million in holdings of STRC Stock.

Strive had 59,312,566 shares of Class A common stock, 9,896,553 shares of Class B common stock, and 4,373,194 shares of SATA preferred stock outstanding as of the same date. The company also reiterates forward-looking statements about its merger with Semler Scientific, its Bitcoin treasury strategy, and potential adjustments to the SATA dividend, emphasizing numerous risks and uncertainties that could cause actual results to differ.

Strive, Inc. reported that ETF Opportunities Trust filed a prospectus for the proposed T-Strive Digital Credit ETF (ticker DGCR), where Strive’s wholly owned subsidiary, Strive Asset Management, will act as sub-adviser. The exchange-traded fund aims to seek current income by investing in preferred equity securities issued by Bitcoin treasury companies, called Digital Credit Preferred Securities, and related derivatives.

The fund expects to focus mainly on Strategy Inc. Variable Rate Series A Perpetual Preferred Stock (STRC Stock) and Strive, Inc. Variable Rate Series A Perpetual Preferred Stock (SATA Stock), and to use leverage to increase exposure to income from these securities, subject to risk-management limits. The registration statement for this ETF has been filed with the SEC but is not yet effective, so the ETF’s securities cannot currently be sold or offered.

Strive, Inc. reported results for the period from September 12 to December 31, 2025, highlighting an aggressive bitcoin treasury strategy funded through preferred stock and capital markets activity. The company accumulated 13,628 bitcoin as of March 17, 2026, delivering a Bitcoin Yield of 22.2% in Q4 2025 and 13.8% quarter-to-date in Q1 2026, with Bitcoin Gain of ₿1,305 and ₿1,050 and Bitcoin $ Gain of $114.3 million and $78.2 million, respectively.

Strive posted a GAAP net loss of $393.6 million for the successor period, largely driven by a $194.5 million unrealized loss on digital assets and $140.8 million of goodwill and intangible impairment. Non-GAAP adjusted net loss attributable to common stockholders was $208.2 million, or $4.73 per diluted share, versus GAAP loss per share of $9.04. At December 31, 2025, digital assets at fair value were $668.5 million and total assets $745.5 million.

To fund its strategy, Strive completed a $148.4 million SATA preferred stock offering in November 2025 and a follow-on SATA offering in January 2026 generating $109.2 million, using proceeds and cash to retire a $20 million Coinbase Credit loan and exchange SATA for $90.0 million of Semler Scientific convertible notes. The Semler acquisition added approximately 5,048 bitcoin and an operating business now held under Clinivanta. As of March 17, 2026, Strive held $83.7 million in cash and a $50.4 million fair value position in Strategy Inc.’s STRC preferred stock, with 59,286,628 Class A and 9,872,157 Class B common shares and 4,275,118 SATA shares outstanding.

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.

Strive, Inc. reported that as of February 11, 2026 it held $127.2 million in cash and cash equivalents and 13,131.8 bitcoin. The company also had 53,168,237 Class A shares, 9,880,282 Class B shares, and 4,265,518 Variable Rate Series A Perpetual Preferred (SATA) shares outstanding.

The board increased the regular annual dividend rate on the SATA preferred stock from 12.25% to 12.50%, effective for monthly periods starting on or after February 16, 2026. It also declared a cash dividend of $1.0417 per SATA share, payable on March 15, 2026 to holders of record on March 1, 2026, reflecting the new 12.50% annual rate.

Strive explained that, for U.S. federal income tax purposes, SATA distributions that are not paid from accumulated or current earnings and profits are generally treated as a tax-deferred return of capital for U.S. investors and are generally exempt from U.S. dividend withholding tax for non-U.S. investors. The company stated it has no accumulated earnings and profits and does not expect to generate current earnings and profits in the current year or the foreseeable future.

Strive, Inc. is implementing a 1-for-20 reverse stock split of its Class A and Class B common stock, effective at 12:01 a.m. Pacific Time on February 6, 2026. After the split, every 20 shares will convert into one share of the same class.

The authorized Class A common stock will be reduced proportionately from 444,000,000,000 shares to 22,200,000,000 shares, and authorized Class B common stock from 21,000,000,000 shares to 1,050,000,000 shares. The Class A par value remains $0.001 and the stock continues trading on Nasdaq under the symbol ASST on a reverse split-adjusted basis.

Outstanding equity awards, warrants and certain convertible notes will be proportionately adjusted. No fractional shares will be issued; any fractional entitlements will be rounded up to the nearest whole share, with no cash paid. Preferred stock authorization and outstanding Variable Rate Series A Perpetual Preferred Stock will not change.

Strive, Inc. completed two major capital actions involving its preferred stock and debt. Holders of $90 million aggregate principal amount of 4.250% Semler Convertible Notes exchanged their notes for approximately 930,000 newly issued shares of Strive’s Variable Rate Series A Perpetual Preferred Stock (SATA), in a private, cashless exchange.

Separately, Strive sold 1,320,000 shares of SATA in an underwritten public offering at $90 per share, generating approximately $109.2 million in net proceeds. The company plans to use these funds, along with cash on hand and potential proceeds from terminating capped call transactions, to address Semler Convertible Notes, repay Semler Scientific’s Coinbase Loan, acquire bitcoin and bitcoin-related products, and for general corporate purposes.

Strive reports that it has already retired $90 million of Semler Convertible Notes via the exchange and repaid $20 million of borrowings under the Coinbase Loan. It also acquired 333.89 bitcoin at an average price of $89,851 and now holds 13,131.82 bitcoin as of January 28, 2026.

Strive, Inc. is issuing 1,320,000 shares of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at $90 per share in an underwritten offering. The company expects gross proceeds of approximately $118.8 million before fees and expenses.

Strive plans to use the net proceeds, together with cash on hand and potentially cash from terminating capped call transactions, primarily to redeem, repurchase or otherwise repay all or part of Semler Scientific’s 4.250% Convertible Senior Notes due 2030 and its borrowings under a master loan agreement with Coinbase Credit Inc., and to pay accrued interest. Additional uses include acquiring bitcoin and bitcoin-related products and funding working capital and general corporate purposes.

Separately, Strive announced it expects to enter privately negotiated exchange agreements with certain holders of the Semler Convertible Notes, under which $90 million aggregate principal amount of notes would be exchanged for approximately 930,000 newly issued shares of SATA Stock. The offering is scheduled to settle on January 27, 2026 and is not conditioned on completion of these exchanges.

Strive, Inc. plans a $150 million public follow-on offering of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock), subject to market and other conditions. The company expects to use the net proceeds, along with cash on hand and potential cash from terminating existing capped call transactions, primarily to address Semler Scientific’s 4.250% Convertible Senior Notes due 2030 and outstanding borrowings under its master loan agreement with Coinbase Credit Inc., including related interest payments. Strive also plans to allocate funds toward acquiring bitcoin and bitcoin-related products and for working capital and general corporate purposes. In parallel, it is negotiating separate exchanges of some Semler Convertible Notes into SATA Stock in private transactions, from which Strive would receive no cash proceeds, and may reduce the planned offering size depending on the amount of SATA Stock issued in these exchanges.