Strive shares jump on ‘daily dividend company’ strategy as firm goes debt free
The Block
Strive Inc. shares rose after the company announced a daily dividend strategy for its preferred stock and confirmed it is now debt-free.Summary
Strive Inc. saw its shares climb up to 7% following the announcement of a new "daily dividend company" strategy for its SATA preferred stock, which will offer a 13% annual dividend paid every business day starting June 16. The company also confirmed it has eliminated all short- and long-term debt and holds over 15,000 BTC. Additionally, Strive finalized its acquisition of Semler Scientific and reported a net unrealized loss for the quarter primarily linked to bitcoin market valuation adjustments.
(Source：The Block)