Strive, the Dallas-based Bitcoin treasury company co-founded by Vivek Ramaswamy, will raise the annual dividend rate on its Variable Rate Series A Perpetual Preferred Stock, ticker SATA, to 13.25% from 13%, effective December 1, 2026. Its Series A Perpetual SATS Preferred Stock will remain fixed at 15% on a $100 stated amount. Both securities pay cash dividends daily on business days. Strive said it has purchased Bitcoin using only capital raised through preferred stock and without debt. The company reported holding 43,153 BTC as of November 6, 2026, after buying 29 Bitcoin at an average price of approximately $75,721 each, or roughly $2.2 million. As of early November, Strive had 14,030,176 SATA shares and approximately 7.036 million SATS shares outstanding, creating a combined annual dividend obligation of around $288 million. The SATS offering generated $630 million in gross proceeds and closed October 20, 2026. Strive maintains dividend reserves covering about 18 months, while its financing model uses equity-like preferred securities rather than loans to fund additional Bitcoin purchases. SATA's variable rate can rise or fall over time, and the company's ability to sustain payments depends on its reserves, future capital raises and Bitcoin's value, which produces no interest or dividends.