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Strive Raises SATA Preferred Dividend to 12.75% and Buys $50 Million of Strategy’s STRC

The update says Strive increased the payout on its SATA preferred stock and added both Strategy’s STRC security and more Bitcoin to its holdings.

Summary

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Terms & Concepts
  • Preferred stock: A class of shares that typically pays fixed dividends and has priority over common stock in payouts.
  • Bitcoin: A decentralized digital asset that operates on a blockchain (shared transaction ledger) without a central authority.
  • Dividend: A cash payout that a company distributes to shareholders, often at a stated rate.