Strive lists SATS preferred stock on Nasdaq with 15% dividend
Bitcoin treasury company Strive said its second preferred stock, SATS, began trading on the Nasdaq and will pay a 15% dividend every business day, according to Bitcoin Magazine. Strive said it closed an upsized initial public offering of 7,000,000 SATS shares at $90 per share. CEO Matt Cole called the listing a milestone for long-term total returns. The company holds 36,818 BTC, and its common stock ASST traded 4% higher, the report said.
Only one publisher so far. Another independent outlet or an official source would raise it.
core coin BTC · afterwards moved 3.3× its usual range against BTC
No time pressure
Three separate rule-based signals. None is the probability that the report is true. How they work →
Key facts
Attributed sources: Bitcoin Magazine
BTC after this site detected it
- 5 minutes-0.02%Gate · USDT
- 1 hour+0.47%Gate · USDT
- 24 hours+2.36%Gate · USDT
Claims and open questions
What sources claim
- Strive said it closed an upsized IPO of 7,000,000 SATS shares at a public offering price of $90 per share, Bitcoin Magazine reported.
- According to the report, SATS will pay a 15% dividend every business day, while Strive's other preferred stock, SATA, pays a variable dividend.
- Bitcoin Magazine reported that Strive holds 36,818 BTC and announced a purchase of 4,045 BTC between October 12 and 16.
Still unresolved
- Whether the 15% daily dividend is sustainable has not been detailed in an official filing or statement from Strive.
- Whether Strategy's proposed daily dividends for its preferred stocks prompted Strive's structure would require confirmation from either company.
Model-assisted explanation; citations, numbers and output format are checked. This is not independent semantic verification.
Source evidence
bitcoinmagazine.com
Published 20/10/2026, 20:13 · Received 20/10/2026, 20:17
Original source titles remain in their source language. Full articles are not republished.
Market reaction after detection
Returns start at the sample closest to site detection (within the same minute up to 10 minutes later), using the same data source and quote currency. Actual sample times are shown; missing observations remain blank.
| Window | Return | Actual sampled interval / source |
|---|---|---|
| 5 minutes | -0.02% | 20/10/2026, 20:17 → 20/10/2026, 20:22 (UTC) Gate · USDT |
| 1 hour | +0.47% | 20/10/2026, 20:17 → 20/10/2026, 21:17 (UTC) Gate · USDT |
| 24 hours | +2.36% | 20/10/2026, 20:17 → 21/10/2026, 20:17 (UTC) Gate · USDT |
Historical market context
Research: hourly returns and BTC beta →
Closed hourly candles from the 30 days before this event observation. Different venues are kept separate.
| Metric | Value |
|---|---|
| Hourly coverage | 100.0% (720/720) |
| Median absolute 1h return | 0.15% |
| 99th percentile of absolute 1h returns | 1.23% |
OKX · USDT · Context as of 20/10/2026, 20:17 · Last included candle closed 20/10/2026, 20:00
Hourly descriptive statistics, not minute-move probabilities. Backfilled history never moves the observation cutoff above.
Event timeline
Source publication, receipt and analysis times are separate. All times UTC.
Source published: Bitcoin Magazine
Source received: Bitcoin Magazine
Event first detected by this site
Evidence record updated
English explanation generated
Latest content update
Recent BTC events and market reactions
- US spot bitcoin ETFs return to net outflows with $636 million withdrawn [Multiple publishers · Published 23/10/2026, 07:09 (UTC) · Multiple publishers (2 publishers) · Market watch · 5m -0.02% / 1h +0.13%]
- Chinese court accepts prosecutors' bid to confiscate Bitcoin seized in UK [Multiple publishers · Published 22/10/2026, 06:24 (UTC) · Multiple publishers (3 publishers) · General news · 5m -0.02% / 1h -0.41% / 24h -0.94%]
- US spot Bitcoin ETFs take in about $1.07 billion over three sessions [Multiple publishers · Published 22/10/2026, 04:41 (UTC) · Multiple publishers (3 publishers) · Market watch · 5m +0.05% / 1h +0.07% / 24h -1.31%]
- Bitcoin slips below $82K after Tesla and Meta results unsettle tech markets [Multiple publishers · Published 22/10/2026, 03:51 (UTC) · Multiple publishers (2 publishers) · Market watch · 5m +0.13% / 1h +0.04% / 24h -1.04%]
- Bitcoin rises above $84,500 as SpaceX earnings lift tech stocks [Multiple publishers · Published 21/10/2026, 15:13 (UTC) · Multiple publishers (2 publishers) · Market watch · 5m +0.15% / 1h +0.25%]
Get the next BTC event with its sources: Follow BTC by RSS →