Strive lists SATS on Nasdaq with 15% fixed annual dividend
- —SATS began trading on Nasdaq, CEO Matt Cole said
- —Fixed dividend of 15% a year on a $100 base amount
- —Dividends accrue daily on business days
- —First payout Nov. 9 covers accruals since Oct. 20
Why it matters: Strive is expanding its bitcoin-treasury product line with fixed-yield instruments, competing for institutional capital.
Source: Bloomingbit