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Strive's preferred stock SATA hits record low below IPO price amid Bitcoin selloff, yielding over 16%.

Market News
26 Jun 2026
Crypto Briefing
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Bearish
pluang ai news

Strive's preferred stock SATA fell to an all-time low below its $80 IPO price due to a broad market selloff affecting Bitcoin-related securities, not company-specific issues. SATA offers a 13% APR dividend paid daily, pushing its effective yield to about 16.3% at recent lows. Strive holds nearly 20,000 BTC valued at $1.2 billion but reported a $265.9 million Q1 loss mainly from unrealized Bitcoin losses. The stock's future depends heavily on Bitcoin's price movements, with a key threshold at $96,081 per BTC, Strive's average cost basis. Investors face high yield opportunities but also risks from Bitcoin volatility and less liquidity in preferred shares.

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FLOW crypto investors urged to join class action over alleged misleading info by Flow Foundation

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Yili hosts sustainability forum at World Dairy Conference, shaping post-2030 dairy industry future.

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Vanguard's VOO ETF hits $1T assets, beating SPY with lower fees and better dividend reinvestment.

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