Strive Preferred price
Price chart for Strive Preferred (SATA) with a time-range selector. Between November 3, 2025 and October 27, 2026, SATA hit a high of 100.53 USD on January 12, 2026 and a low of 86.75 USD on November 3, 2025, a +13.5 % change over the period.
View the chart data (12 closes)
| Date | Close |
|---|---|
| 86.75 USD | |
| 91.02 USD | |
| 97.10 USD | |
| 92.16 USD | |
| 97.10 USD | |
| 99.86 USD | |
| 100.01 USD | |
| 87.75 USD | |
| 96.90 USD | |
| 100.01 USD | |
| 100.01 USD | |
| 98.50 USD |
Source: Yahoo Finance · data updated October 28, 2026.
Strive (SATA) is Strive's Series A variable-rate perpetual preferred stock, designed specifically to fund Bitcoin accumulation on the balance sheet. Unlike fixed-rate preferreds such as STRK or STRF, SATA's dividend is reset periodically: issued in November 2025 with an initial 12.25% yield, it rose to 12.50% in late 2025 and stands at 13.00% for the period beginning April 15, 2026. Since June 16, 2026, SATA also pays its dividend every business day (declared monthly and paid daily to holders of record on the immediately preceding business day), following the certificate amendment filed on May 13, 2026 — the first instrument of its kind with daily payments. The stock trades near its $100 par value, which allows Strive to run continuous at-the-market (ATM) programs to raise capital and buy BTC. In the capital structure, SATA sits above the common stock but below any secured debt.
How do you buy SATA?
Where they trade, which brokers list them —and why some do not— and how the dividend is withheld.
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Yield Calculator
Base price: $98.50 · snapshotIndicative calculation. Dividends depend on the issuer declaring them each period, are not guaranteed and exclude tax withholdings and broker fees. The share count rounds down and assumes a market purchase at the price shown.
Dividend History
Total paid: $7.38Instrument Terms
Capital Structure
Senior to Strive's common stock. Junior to any secured debt. No mandatory maturity (perpetual).
Bitcoin Exposure
Direct funding of new BTC purchases by Strive. Each SATA ATM issuance translates into capital available to grow the company's Bitcoin treasury.
Specific Risks
5 factors identifiedIssuer credit risk
Strive's preferreds are not collateralized by the company's Bitcoin reserves. They are an unsecured obligation: in a bankruptcy scenario, senior bondholders are paid first and preferred holders only recover from residual assets afterwards. The backing is credit-based, not a BTC collateral pledge. A severe and prolonged drop in the Bitcoin price could compromise the issuer's ability to service the dividends.
Non-cumulative dividend
If the issuer's board decides not to declare the dividend in a given period, the investor loses that payment with no future claim. Unlike a cumulative preferred, missed periods are not recovered when payments resume.
Call risk (early redemption)
At any time from the call date, the issuer may redeem the issuance at par value ($100 per share). If market rates are lower than the current yield by then, it will likely do so: the investor gets the principal back and must reinvest it at worse yields. This scenario is especially relevant for instruments trading at a premium to par.
Interest rate sensitivity
Like any perpetual fixed income instrument, the secondary price moves inversely to rates. A significant rise in interest rates can cause sharp price declines even if the issuer keeps paying dividends on time. The effect grows with effective duration, and perpetuals are the most sensitive.
Stacked dividend obligations of the issuer
Strive has issued 2 distinct fixed income instruments (SATS, SATA) coexisting in the same capital structure. Each new issuance adds dividend obligations on the same underlying Bitcoin balance sheet. In a prolonged BTC bear market, the issuer's cash flow to service all dividends simultaneously could compress and force prioritization decisions across issuances.
This risk analysis is for information purposes only and does not constitute financial advice. The official prospectuses (SEC) contain the full risk factor disclosure and should be reviewed before investing.
Frequently asked questions
What is SATA?
SATA is Strive's Series A variable-rate perpetual preferred stock, issued in November 2025 to fund its Bitcoin accumulation on the balance sheet. Perpetual means the shares do not mature, and variable rate means the dividend is reset periodically instead of being fixed at issue. It carries no claim on the appreciation of Strive's common stock: it carries a claim on a payment.
How does SATA's daily dividend work?
Since June 16, 2026 SATA pays its dividend every business day: it is declared monthly and paid daily to the holder of record on the immediately preceding business day, following the certificate amendment filed on May 13, 2026. It was the first preferred on the market to pay daily. The rate has been climbing: it came out at 12.25%, moved to 12.50% in late 2025, and has stood at 13% since the period beginning April 15, 2026.
Where can I buy SATA?
SATA trades in the United States and needs a broker with access to that market that also carries the ticker. US preferred stock is considerably less available on European retail brokers than common stock, so it is worth checking before opening an account. Our guide to buying Strive stock covers this case as well.
How is SATA different from STRC?
SATA is issued by Strive with a variable-rate dividend, currently 13%, and pays every business day. STRC is issued by Strategy with a fixed 12%, pays twice a month, and is structured to trade near its $100 stated amount. A variable rate can rise if reference rates rise, and it can also fall.
Disclaimer: SatsIntel is for informational purposes only. It is not an authorized crypto-asset service provider (CASP) and does not provide financial, tax or legal advice. Crypto-assets are high-risk assets and may result in the total loss of the invested capital. See the legal terms.