Strive Inc. (NASDAQ: ASST; SATA) announced it increased its SATA dividend rate by 25 basis points to 12.75% and declared a dividend of $1.0625 per share of SATA stock to shareholders of record as of April 1, 2026, payable April 15, 2026.

The Dallas-based structured finance company narrowed its targeted SATA price range to $99-$101 from the previous $95-$105 and updated guidance to not issue SATA shares through at-the-market or follow-on offerings below $100.

Strive purchased $50 million worth of Strategy Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ: STRC), acquiring 500,000 shares. The company also bought 179 additional Bitcoin since its last filing, bringing its total holdings to approximately 13,311 Bitcoin.

As of March 9, 2026, Strive held $143.4 million in cash and cash equivalents, with $50 million subsequently used for the STRC purchase. The company had 56,897,668 shares of Class A common stock, 9,880,117 shares of Class B common stock, and 4,275,118 shares of SATA stock outstanding.

The company increased its SATA dividend reserve to 18 months, comprising 12 months of cash and cash equivalents plus six months of STRC based on current trading prices. Strive stated its aggregate Bitcoin, STRC, and cash reserves cover over 19 years of SATA interest payments as of March 9.

"We believe Digital Credit could be a multi-trillion-dollar opportunity, and every single update today aims to improve the credit quality and lower the expected volatility profile of our Digital Credit product, SATA," said Matthew Cole, chairman and chief executive officer.

Strive Asset Management, a wholly owned subsidiary and SEC-registered investment adviser, manages over $2.5 billion in assets, according to the company's press release statement.