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SASATA

Strive, Inc. Variable Rate Series A Perpetual Preferred Stock

$SATA·$68B·Asset Management·Financial Services
$97.81+0.6%YTD+3.6%1Y+11.1%
Mentions · last 7 days
2026-07-28: 16 posts2026-07-29: 32 posts2026-07-30: 24 posts2026-07-31: 22 posts2026-08-01: 12 posts2026-08-02: 2 posts2026-08-03: 17 posts128-6%
Price updated 5h ago·X counts updated 1d ago
SASATA
$SATAStrive, Inc. Variable Rate Series A Perpetual Preferred Stock
$97.81+0.56%128 posts-6%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $SATA, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Driven by hypeWinding up for a moveAI verdict · as of 2026-08-04

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

Strive's SATA preferred is paying a 13.4% effective yield daily on a BTC-treasury structure — 39th consecutive dividend and 49% short cost.

SATA is Strive's Variable Rate Series A Perpetual Preferred Stock — the preferred-share layer complementing ASST common in the BTC-treasury structure. It's the income vehicle for holders wanting BTC exposure with a defined yield.

  • The 13.4-13.5% effective daily yield is the entire investment case: paying ~$0.0493/share daily on the 39th consecutive dividend, SATA delivers a fixed-income return backed by Strive's BTC treasury — the differentiated feature vs traditional preferred.
  • Recent performance vs benchmarks is strong: +10% one-month total return vs VOO flat and SMH -17.5% — meaningful risk-adjusted outperformance, though structurally correlated to BTC.
  • Saylor's public endorsement extends the credibility: Michael Saylor praising Strive's clean ASST/SATA capital structure adds meaningful validation from the MSTR architect — the crypto-treasury peer group is small, and the endorsement matters for institutional adoption.
  • The 49% cost-to-short with 6 days to cover is a real technical setup: elevated short interest with limited borrowability creates asymmetric upside if BTC accelerates or the daily-dividend cadence attracts yield-hunting flows.

The Sep 2 Q2 print (linked to ASST) is the tension breaker. A confirmed BTC-per-share NAV increase plus continued daily-dividend cadence keeps the 13.4% yield thesis intact; a BTC crash or a change in the daily-dividend rate and the setup unwinds — levered BTC exposure with a defined income wrapper.

Agrees with X sentimentAgree with the decisively bullish X read on SATA — the 13.4-13.5% effective yield with 39 consecutive daily dividends, +10% one-month total return vs VOO flat and SMH -17.5%, Saylor's public praise, the 20,000 BTC treasury milestone, and the 49% short cost with 6 days to cover are all real bull nutrients for the preferred-income setup.

What to watch: Sep 2 Q2 (linked to ASST) — a confirmed BTC-per-share NAV increase plus continued daily-dividend cadence keeps the 13.4% yield thesis intact; a BTC crash or a change in the daily-dividend rate and the setup unwinds — levered BTC exposure with a defined income wrapper.

On the calendar: 2026-09-02 — Q2 (linked to ASST)

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment34 posts analyzed · as of 2026-08-04

Strive's $SATA preferred posters are bullish, driven by the daily cash distributions of ~$0.049-$0.052/share paying an annualized $13/share for a ~13.4-13.5% effective yield, and Strive CEO Matt Cole publicly considering launching another preferred equity if Bitcoin rallies rapidly. The dominant thread stacks SATA being framed as 'printing every single day' with ~5x cNAV for ASST/SATA and a low 3% effective cost of capital for common shareholders. Saylor publicly praised the streamlined Strive model of one equity + one credit instrument. Skeptics are essentially absent from the corpus.

Read the AI verdict + X sentiment for $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)
  • X crowd read with bullish/bearish call + post volume
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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 — AI infrastructure (data centers, power, logistics) and Bitcoin treasury strategies, both of which require patient institutional capital that private market..

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; limited read-through from asset management macro dynamics to this specific revenue mix.

Top industry ETF

$IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF
+5.0%YTD
+8.0%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
Q1 2026May 14, 2026$-4.53$-2.69-68.1%
Q4 2025Mar 19, 2026$-4.71$-0.02-23450.0%
Q3 2025Nov 14, 2025$-0.31——
Next earningsWed, Sep 2·consensus EPS $-0.95

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

2-year forecast · up to 4 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$12.1M$11.0M – $13.2M-$3.86-$5.05 – -$2.804
FY27$10.7M$7.0M – $15.1M-$0.34-$0.45 – -$0.254

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.0.4×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.—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.+0.9%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.—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 today0.0% 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.

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

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.

8-KAgreement terminatedMay 148-K — Item 1.02: Agreement terminated · Item 5.03: Charter amendment
AI summary

Strive, Inc. (SATA) filed a second 8-K on May 13, 2026 disclosing termination of a material definitive agreement (Item 1.02) and an amendment to its articles of incorporation or bylaws (Item 5.03). Item 1.02 signals the end of a significant contract or arrangement, and Item 5.03 indicates a governance document change; the termination of a material agreement alongside a bylaw amendment may reflect a restructuring of Strive's corporate structure or a change in business direction.

SC 13DActivist position (5%+)May 11SC 13D
AI summary

Satellogic Inc. (SATA) received an original Schedule 13D beneficial ownership report from Vivek Ramaswamy or affiliated entities, establishing initial disclosure of ownership exceeding 5% of the company's outstanding shares. This active-investor filing signals non-passive intent, potentially including plans to engage management, seek board representation, or influence strategic direction. The filing details the number of shares held, acquisition dates, and stated purpose of the investment. This is the original filing that preceded subsequent amendments.

SC 13D/AActivist amendmentMay 11SC 13D/A
AI summary

Satellogic Inc. (SATA) received an amended Schedule 13D/A (Amendment No. 5) from significant shareholder Vivek Ramaswamy or affiliated entities reporting updated beneficial ownership above 5%. The amendment reflects changes in ownership percentage, investment intent, or plans regarding the company. As an active investor filing a 13D rather than passive 13G, Ramaswamy may have indicated intentions to engage with management or influence corporate direction. The filing discloses current share counts, voting power, and any updated purpose of transaction.

8-KShareholder voteMay 18-K — Item 5.07: Shareholder vote
AI summary

Satellogic Inc. (SATA) filed an 8-K reporting results of its annual shareholders' meeting under Item 5.07. Shareholders voted on routine governance matters including director elections and ratification of the independent auditor. Given the company's shareholder base which includes activist investor Vivek Ramaswamy, vote outcomes may be of particular interest. Detailed vote tallies for each proposal are included in the filing.

+ 39 other (22 routine 8-Ks · 10 13Gs · 2 proxys · 1 10-Q) in window

Recent news

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

Strive Announces Bitcoin Stewardship Commitment, Initial Support for Bitcoin Development Through Brinkglobenewswire.com·14d agoIt's not just STRC: Top preferred stocks like SATA and BMNP are slumpinginvezz.com·40d ago

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