The move positions Strive as the first public company in U.S. markets to offer daily dividend payments on a listed security, beginning June 16, 2026. The dividends, funded primarily through income from the firm’s Bitcoin treasury strategy, maintain a 13% annualized rate.

Daily payouts mark new chapter for Bitcoin treasury companies

Strive Chairman and CEO Matthew Cole described the daily dividend structure as “a true zero-to-one innovation” in the digital credit space. The more frequent payments increase the effective annual yield to approximately 13.88% through compounding, offering income-focused investors a competitive alternative to traditional fixed-income products.

Holders of record on each preceding business day will receive payments, resulting in roughly 250 dividend distributions per year instead of the standard 12 monthly payments.

Strong Q1 balance sheet moves despite reported loss

The company reported a GAAP net loss of $265.9 million for the first quarter, largely due to a $295.8 million decline in the fair value of its Bitcoin holdings as the asset fell about 23% during the period. Revenue reached $2.8 million, up from $1.4 million in the prior year.

Despite the paper loss, operational highlights were positive: Strive eliminated all outstanding long-term debt and ended the quarter with no margin requirements. As of May 12, the company held $87.6 million in cash and cash equivalents along with additional holdings in Strategy preferred stock.

Strive’s Bitcoin treasury now ranks among the largest held by public companies. The holdings include Bitcoin acquired through the purchase of Semler Scientific and open-market buys. The firm continues adding to its stack following the quarter close.

Market reaction and broader context

Shares of Strive (ASST) closed up 5.8% at $17.70 on Thursday following the announcement, turning the stock slightly positive for the year to date. However, the common stock remains down more than 80% over the past year, reflecting broader challenges for Bitcoin treasury companies in a volatile market.

The SATA preferred stock has traded below its $100 par value at times amid uncertainty, though the company has raised the dividend rate multiple times since its debut. Industry figures including Michael Saylor have noted the daily dividend approach positively.

This development comes as other Bitcoin-focused firms explore yield-generating strategies on their treasuries to provide returns to shareholders beyond simple asset appreciation. Strive’s approach builds on models used by peers while pushing the boundary with daily frequency.

Strive continues to position itself at the intersection of traditional capital markets and Bitcoin treasury management, with the daily dividend announcement highlighting efforts to innovate in how returns are delivered to preferred shareholders.