Strive rallies 5.8% as it clears debt in Q1, unveils daily dividends
Cointelegraph
Strive shares rose 5.8% after the company eliminated all debt and announced plans to pay daily dividends starting June 16.Summary
Strive shares climbed 5.8% after the firm announced it had become debt-free in the first quarter of 2026. The company, founded by Vivek Ramaswamy, introduced a new "Daily Dividend Company" model, with its SATA preferred stock set to pay a 13% annual dividend rate daily beginning June 16. These payouts are supported by income generated from its Bitcoin treasury strategy, which includes 15,009 Bitcoin in holdings. Despite reporting an unrealized net loss of $265.9 million in Q1 due to Bitcoin's price volatility, the company emphasized its debt-free balance sheet as a strategic advantage.
(Source：Cointelegraph)