Strive’s SATA to become first U.S. listed security to pay daily cash dividends

The daily payout structure lifts the effective yield to 13.88% as the company eliminates all debt and expands its bitcoin treasury strategy. What to know : SATA will become the first U.S. listed security to pay cash dividends every business day starting June 16. While the stated annual dividend rate remains 13%, the daily payout structure increases the effective yield to roughly 13.88% through more frequent compounding. The company has also eliminated all outstanding debt and now holds 15,009 bitcoin, making it the ninth largest publicly traded corporate bitcoin holder globally.(Coindesk)