SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).

  • Strive (ASST) is IPOing a new perpetual preferred stock, SATS, with a 15% fixed dividend.
  • The new share class will sit junior to the company’s existing perpetual preferred stock, SATA.
  • At closing of the IPO, Strive will set aside enough cash to fund 18 months of dividends on SATS.

Newsletters

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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters :

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Bitcoin holds above $83,000 ahead of U.S. inflation data as altcoins lag

S&P 500 options are the hottest bet on this Hyperliquid exchange

Bitcoin climbs toward $84,000 after Fed’s Williams sees no rate hikes in 2027

Bitcoin holds above $83,000 ahead of U.S. inflation data as altcoins lag

S&P 500 options are the hottest bet on this Hyperliquid exchange

Live updates: Bitcoin tumbles from near $84,000 ahead of U.S. inflation data

Original sourceCoinDesk

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.

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