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Bitcoin Firm Strive Launches SATS Stock With 15% Dividend After Raising $630M

News.Bitcoin.com
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Bitcoin Firm Strive Launches SATS Stock With 15% Dividend After Raising $630M

Strive has rolled out a new preferred stock paying 15% annual dividends, backed by a bitcoin treasury worth roughly $3 billion. The company raised $630 million by selling the shares at a discount, giving investors a potential yield approaching 17%. Strive Raises $630 Million With New SATS Preferred Stock The Dallas-based bitcoin treasury company closed […]

Key Takeaways

  1. Strive has rolled out a new preferred stock paying 15% annual dividends, backed by a bitcoin treasury worth roughly $3 billion.
  2. The company raised $630 million by selling the shares at a discount, giving investors a potential yield approaching 17%.
  3. Strive Raises $630 Million With New SATS Preferred Stock The Dallas-based bitcoin treasury company closed […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.