Strive Shares Rise 5.8% After Debt Clearance and Daily Dividend Plan Announcement

Strive saw its shares close 5.8% higher after announcing it had cleared all outstanding debt in Q1 2026 and introduced a new dividend structure aimed at paying investors every business day starting June 16.

The company, founded by Vivek Ramaswamy, said its Variable Rate Series A Perpetual Preferred Stock (SATA) will deliver dividends at a 13% annualized rate, funded through income generated from its Bitcoin treasury strategy. Management described the move as part of a broader effort to build a more flexible capital structure around digital asset exposure.

Bitcoin Treasury Strategy Drives Loss but Strengthens Balance Sheet

Strive reported a net loss of $265.9 million for the quarter, mainly due to a decline in the fair value of its Bitcoin holdings as BTC dropped 23% during the period. Despite the loss, the firm emphasized that it ended the quarter completely debt-free after repurchasing its remaining long-term notes.

Market Reaction and Bitcoin Holdings Update

Strive holds 15,009 Bitcoin valued at roughly $1.22 billion after recent acquisitions, including assets gained through its Semler Scientific deal. The company said it has no margin requirements and no encumbered Bitcoin, positioning its treasury strategy to withstand volatility while expanding yield focused investor returns.