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SASATA

Strive Inc. Perp. Pfd. Series A

$SATA·$69B·Asset Management·Financial Services
$96.89-0.9%YTD+5.9%1Y+10.1%
Price updated 6h ago·X counts updated 5d ago
SASATA
$SATAStrive Inc. Perp. Pfd. Series A
$96.89-0.93%452 posts0.9×
AI analysisFundamentalsVoices on X
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On X

Top X posts

The complete picture of $SATA on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

452X posts · last 7 days
Sep 29Oct 11
Chatter Meter
0.9×
QuietNormal · 1×Loud

How loud $SATA's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level.

Bullish sentimentAI analysisGenerated by AI from underlying data8 posts analyzed · as of 2026-10-02

X is bullish on Strive's SATA preferred as the daily-dividend income vehicle — holders cite the 13% yield paid daily and model that STRC going daily could raise ~$13B in three months (inferred from SATA's capital-raise cadence), which translates to 130,000+ BTC at an average $100K cost basis. ASST reportedly bought 1,875 BTC in a single week via SATA ATM. The pointed worry is only whether STRC-daily cannibalizes SATA.

Read what X is saying about $SATA

  • Bullish vs bearish call — with the AI summary of the day's posts
  • Divergence flag when the top-engagement posts argue the other side
  • How loud the conversation is versus this ticker's own normal
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AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $SATA — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Proven numbersAcceleratingAI verdict · as of 2026-10-03

The move is getting stronger, with heavier trading behind it.

Strive's 13%-coupon perpetual preferred — a daily-pay yield instrument whose job is to fund Bitcoin accumulation at ASST.

SATA is Strive's Series A perpetual preferred — the 13%-coupon stock the Bitcoin-treasury company Strive issues to fund its BTC accumulation. It trades near par ($100) with a daily dividend that is the whole investor case.

  • The structure is explicitly built for income: $0.0516 daily (~$1.08 monthly, ~$18.80 annual) at a $100 par — a straight 13% yield paid daily, roughly the only on-exchange way to get a BTC-adjacent daily dividend.
  • The capital raise is working: the 13% rate was just reaffirmed for October, and the SATA ATM program fed roughly 1,522 BTC into Strive's treasury in a single September week — the equity line is doing its job and the preferred stays supported.
  • The one real worry is a successor: holders explicitly worry whether STRC (a daily-pay variant from the related Strategy entity) cannibalizes SATA — Strive could end up competing with itself for the same yield-seeking capital.

If Bitcoin keeps running, Strive is a going concern and SATA pays reliably at par; a Bitcoin drawdown deep enough to threaten the mNAV coverage ratio is what puts the preferred at risk, with the common diluting first.

Agrees with X sentimentX correctly identifies SATA as the daily-dividend income vehicle for Strive's BTC accumulation and the 13% yield as the whole case. The crowd's worry about STRC-daily cannibalizing SATA is the right risk to be flagging — the only real downside anchor isn't BTC price, it's inside the capital stack.

What to watch: The common-share mNAV coverage ratio at ASST (how much Bitcoin per preferred share), the pace of BTC accumulation (recent weeks: ~1,500 BTC via ATM), and any new daily-pay competing instrument (STRC-daily). A sustained Bitcoin pullback below $70K/BTC is the hard tail risk for the structure.

On the calendar: 2026-11-13 — Q3 2026 earnings (parent)

Read the AI verdict on $SATA

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
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What it does

Plain-English summary of the business — what they sell and how they make money.

Variable-rate perpetual preferred stock issued by Strive Inc.; financial instrument with $100 stated value and no operating business equity.

Industry overviewAI analysisGenerated by AI from underlying data

Where Asset Management sits in its cycle right now — and what that implies for $SATA.

Asset Management · Financial Services

No material change from last week — yield-seeking institutional capital continues flowing into private credit and infrastructure alternatives.

What this means for $SATA

Neutral — Variable-rate perpetual preferred stock issued by Strive Inc.; financial instrument with $100 stated value and no operating business equity.

Top industry ETF

$IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF
-1.4%YTD
+3.3%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-6.6How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-7.0%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-12.7%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-0.1%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
11009.1Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-136%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
-6.1%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 10, 2026$-3.65$-0.95-284.2%
Q1 2026May 14, 2026$-4.53$-2.69-68.1%
Q4 2025Mar 19, 2026$-4.71$-0.02-23450.0%
Q3 2025Nov 14, 2025$-0.28——
Next earningsFri, Nov 13·consensus EPS $1.61

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$2.8M+1516.4%-373%-647%$-4.53$-31.0M
Q4 FY25$1.5M+46.1%-1851%-2110%$-4.60$-11.0M
Q3 FY25$1.5M+56.8%96.4%-1511%$-6.20$-28.9M
Q2 FY25$173K—99.6%-1554%$-3.42$-1.7M

Forward consensus

3-year forecast · up to 4 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$11.9M$11.6M – $12.2M-$2.33-$2.65 – -$1.774
FY27$11.3M$7.3M – $13.4M$0.55$0.41 – $0.624
FY28$11.8M$9.6M – $13.0M-$0.53-$0.60 – -$0.401

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.9×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.80%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-2.8%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-0.6%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatHigh float · 678.0M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.1% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β-0.135-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellOct 5Benjamin PhamCFO4.2K sh$132KSellOct 5Cole Matthew RyanCEO58.8K sh$1.8MSellOct 5James LavishDirector6.0K sh$185KSellOct 5Beirne Brian LoganChief Legal Officer20.1K sh$629KSellOct 5Arshia SarkhaniChief Marketing Officer5.6K sh$177KSellOct 5Jonathan R MaceyDirector6.7K sh$203KBuyAug 14Pierre RochardDirector15.9K sh$199K
+ 24 other (11 awards · 10 exempts · 2 inkinds · 1 gift) in window

See when $SATA insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

SC 13D/AActivist amendmentOct 13SC 13D/A
424B5Prospectus supplement (offering)Oct 13424B5
8-KCharter amendmentOct 138-K — Item 3.03 · Item 5.03: Charter amendment · Item 8.01: Other event
SC 13D/AActivist amendmentAug 26SC 13D/A
AI summary

Vivek Ramaswamy and affiliated entity Virtuous Industries LLC filed Amendment No. 2 to their Schedule 13D on Strive, Inc. (SATA), updating their reported ownership percentage due to Strive's ongoing issuance of additional Class A shares. Virtuous Industries holds approximately 106,245 shares representing 0.1% of the Class A shares outstanding. Dilution from Strive's continuing equity raises has reduced the reporting persons' percentage; no change in intent or voting/dispositive power.

8-KOther eventJun 88-K — Item 3.03 · Item 8.01: Other event
AI summary

Strive, Inc. (SATA) filed two Certificates of Amendment on June 5, 2026, to increase the number of authorized shares of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock): the first effective June 5, 2026, and the second effective June 15, 2026 at 12:01 AM Pacific. The increase in authorized SATA Stock shares expands Strive's capacity to issue additional preferred shares under its ongoing ATM program. This is a dilutive structural change enabling accelerated at-the-market preferred stock sales to raise capital for bitcoin acquisitions and other corporate purposes.

424B5Prospectus supplement (offering)Jun 8424B5
AI summary

Strive, Inc. filed Amendment No. 1 to its 424B5 prospectus supplement on June 5, 2026, expanding its ATM program for Variable Rate Series A Perpetual Preferred Stock (SATA) from $500 million to $2.6 billion and adding five new sales agents (The Benchmark Company, StoneX, B. Riley, Maxim Group, H.C. Wainwright) alongside the three original agents. As of June 2, 2026, Strive had already sold 3,263,908 SATA shares for approximately $326.3 million in gross proceeds at a last reported price of $97.32/share. This $2.1 billion program expansion is highly dilutive to existing SATA holders and signals Strive's aggressive capital-raising strategy for bitcoin accumulation.

424B5Prospectus supplement (offering)Jun 5424B5
AI summary

Class A Common Stock offered by the prospectus, as amended by this amendment. As amended and restated, the Sales Agreement provided for Barclays Capital Inc., Clear Street LLC, The Benchmark Company, LLC, StoneX Financial Inc., B. Riley Securities, Inc., Maxim Group LLC (SATA) filed a 424B5 prospectus supplement related to an at-the-market (ATM) equity offering program. The program allows the company to sell up to $336.4 million of common shares over time through a sales agent into the market at prevailing prices. ATM programs provide flexible, dilution-minimized capital access without a traditional underwritten deal, typically used for growth capital or balance sheet management.

SC 13D/AActivist amendmentJun 1SC 13D/A
AI summary

An existing 5%+ holder of Strive, Inc. (SATA) filed Amendment No. 1 to its Schedule 13D to update the ownership percentage following ongoing Class A share issuances under Strive's ATM program. Routine percentage refresh; no change in investment intent.

+ 47 other (31 routine 8-Ks · 8 13Gs · 3 8-Ks · 2 10-Qs) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Strive Announces Pricing of Upsized Initial Public Offering of SATS Stockglobenewswire.com·1d agoHow to Turn a $5,000 Investment Into $1,500 in Passive Income (4 Stocks to Buy)247wallst.com·2d agoStrive Announces Proposed Initial Public Offering of SATS Stockglobenewswire.com·3d agoSATA Technology Co., Ltd. (NASDAQ:SATA) Shares Will Pay Dividend of $0.05defenseworld.net·6d agoSATA Technology Co., Ltd. (NASDAQ:SATA) Stock to Pay Dividend of $0.05defenseworld.net·6d ago

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