- Strive CEO Matt Cole has implemented an 18-month cash reserve strategy for SATA preferred stock to ensure 13% APR dividends can be sustained through severe Bitcoin bear markets.
- SATA is positioned as a 'digital credit' instrument offering Bitcoin exposure with income, aiming for less volatility than direct BTC holdings, and now features daily dividend payments.
- The strategy involves raising capital through SATA issuance to purchase Bitcoin, but faces risks of dilution and reserve depletion if Bitcoin markets remain depressed for extended periods.
Topics: Asset types, Institutional adoption, Yield performance, Equity, Asset manager initiatives, Private credit high yield
Tags: #strive #satapreferredstock #bitcoin #cashreserve #dividends #apr #bearmarket #digitalcredit #leveragedliquidations #dilution
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