Strive Inc., the Bitcoin-focused company founded by Vivek Ramaswamy, has unveiled a bold shift toward a “Daily Dividend Company” model while reporting a debt-free quarter. In a GlobeNewswire release outlining its first-quarter 2026 results, Strive said its Variable Rate Series A ...
➤ Strive Inc. is shifting to a 'Daily Dividend Company' model, paying 13% annualized dividends on its Series A preferred stock starting June 16, funded by its Bitcoin treasury income.
➤ The company reported a debt-free Q1 2026, having repurchased all outstanding debt, and holds 15,009 Bitcoin valued at approximately $1.22 billion, despite an unrealized net loss of $265.9 million due to Bitcoin's market decline.
➤ Strive's stock rose 5.8% on the news, reflecting investor interest in its innovative treasury management and dividend strategy, though the company's year-over-year stock performance remains significantly down.