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Strive adds $12 million to its dividend tab after issuing nearly one million new preferred shares to buy Bitcoin

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Strive adds $12 million to its dividend tab after issuing nearly one million new preferred shares to buy Bitcoin

At the current 13% rate, SATA payouts imply about $130 million annually, while higher cash keeps static coverage near 19 months. The post Strive adds $12 million to its dividend tab after issuing nearly one million new preferred shares to buy Bitcoin appeared first on CryptoSlate.

Key Takeaways

  1. At the current 13% rate, SATA payouts imply about $130 million annually, while higher cash keeps static coverage near 19 months.
  2. The post Strive adds $12 million to its dividend tab after issuing nearly one million new preferred shares to buy Bitcoin appeared first on CryptoSlate.
  3. Read the full article for additional context and details.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.