STRC vs SATA: Strategy's 12% Stretch vs Strive's 13% Daily-Pay Preferred
Two Bitcoin-treasury preferreds built on the same idea — with different issuers, rates, and payment mechanics
Strive's SATA was explicitly modeled on Strategy's STRC: a variable-rate, $100-par preferred whose rate adjusts to keep the price near par, with proceeds funding corporate Bitcoin purchases. In 2026 the two have been competing head-to-head for income investors' dollars.
Side by Side
| STRC | SATA | |
|---|---|---|
| Issuer | Strategy Inc (MSTR) | Strive, Inc. (ASST) |
| Current stated rate | 12.00% | 13.00% |
| Payment frequency | Semi-monthly | Every business day Daily since Jun 16, 2026 — the first US-listed security to pay dividends every business day |
| Stated amount | $100 | $100 |
| Cumulative | Yes | Yes |
| Rate mechanism | Variable — adjusted to target a ~$100 price | Variable — adjusted to target a ~$100 price |
The Real Difference Is the Issuer
SATA pays a higher stated rate (13.00% vs 12.00%) and pays daily rather than semi-monthly. That premium is compensation for issuer risk: Strategy is the world's largest corporate Bitcoin holder with far deeper capital-markets access, while Strive is a smaller, newer company.
A telling detail: in early 2026 Strive itself bought about $50 million (500,000 shares) of STRC for its own treasury.
よくある質問
Is SATA issued by Strategy?›
No. SATA is issued by Strive, Inc. (Nasdaq: ASST), a separate Bitcoin-treasury company. It is modeled on Strategy's STRC but carries Strive's issuer risk, not Strategy's.
Which pays more, STRC or SATA?›
As of July 2026, SATA's stated rate is 13.00% versus STRC's 12.00%. SATA also pays daily while STRC pays twice a month. The gap reflects the difference in issuer size and perceived risk.
Why does SATA pay dividends daily?›
Strive began paying SATA dividends every business day on June 16, 2026 — a first for a US-listed security — as a marketing and product differentiator against STRC's semi-monthly schedule.
公式ソース
本ページは情報提供のみを目的としており、投資助言ではありません。優先株の配当は取締役会が宣言した場合にのみ支払われ、これらの証券はStrategyのビットコイン保有によって担保されていません。