Strive completes $630 million preferred stock financing, with SATS annualized dividend yield of 15% Odaily Planet Daily News: Strike announced the completion of a $630 million financing through the issuance of preferred shares. The newly issued SATS stock is priced at $90 with a face value of $100, an annualized dividend yield of 15%, and an actual return rate of nearly 16.7%; The daily cash dividend plan will begin on November 9th and is awaiting approval from the board of directors. Between October 12th and 16th, Stripe also purchased 4045 bitcoins, increasing its bitcoin holdings to 36818. ASST closed up over 13% on Wednesday at $30.75, marking its third consecutive trading day of gains.