Strive’s variable-rate perpetual preferred shares, SATA, have rebounded sharply after hitting a June low of $83.30, rising to around $97 and recovering most of the selloff, according to Yahoo Finance data. The improvement has placed the shares within roughly 3% of their $100 par ...
- Strive's preferred shares (SATA) have recovered significantly from a June low, nearing their $100 par value, indicating market confidence in their par-focused design.
- This strategy of using preferred equity to fund Bitcoin treasuries, adjusting dividends to maintain near-par pricing, is a growing trend among Bitcoin-treasury companies.
- While SATA shows a strong recovery, Strategy's similar product (STRC) still trades below par, highlighting differences in execution and market sentiment among issuers.
Topics: Asset types, Institutional adoption, Yield performance, Equity, Asset manager initiatives, Private credit high yield
Tags: #strive #sata #preferredshares #bitcointreasury #parvalue #dividendrate #strategy #strc #digitalcredit #samsonmow
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