From TokenPost · · 50s
Strive's $90 SATS Price Implies 16.7% Yield
Strive's $90 SATS share price offers 16.7% annual dividend yield, highlighting Bitcoin treasury financing costs.
In brief
Strive's $90 SATS share price offers 16.7% annual dividend yield, highlighting Bitcoin treasury financing costs. Strive closed a $630 million preferred-share sale at $90 per share, implying a 16.7% annual dividend yield. Originally reported by TokenPost.
Strive's $90 SATS Offering
Strive closed a $630 million preferred-share sale at $90 per share, giving buyers an implied 16.7% annual yield if dividends are paid.
Dividend Calculation
Each share carries a 15% annual dividend based on a $100 stated amount, producing a 16.7% yield at $90.
Treasury Yield Comparison
A one-year Treasury yielded 4.51% on Oct. 20, creating a 12.2 percentage point difference with SATS's implied yield.
Bitcoin Purchase Uses
Strive's proceeds may fund Bitcoin purchases, but the company has not set an allocation for them.
The main idea
Strive closed a $630 million preferred-share sale at $90 per share, implying a 16.7% annual dividend yield.
