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Strive's ASST stock rises as it shifts SATA dividends to daily payouts and boosts bitcoin holdings to 15,009 BTC.

Market News
14 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Strive (ASST) stock climbed 7.32% following the company's announcement of a new daily dividend payment structure for its SATA preferred shares starting June 16, 2026. The firm also completed the buyback and cancellation of all its 2030 convertible notes, eliminating debt and improving financial flexibility. Additionally, Strive expanded its bitcoin treasury to 15,009 BTC through purchases in Q1 and early Q2, positioning itself as a major bitcoin-holding public company. These moves enhance income generation and financial strength, though the company reported a GAAP net loss of $265.9 million due to bitcoin valuation changes.

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