Strive Launches Preferred Stock Offering With 15% Dividend Backed by Bitcoin Treasury

WHY IT MATTERS

Some companies have started holding Bitcoin in their corporate treasuries instead of, or alongside, traditional cash reserves. Think of a corporate treasury like a company's savings account — it is where they keep money they are not immediately spending. Strive is one such company, and it has now created a special type of stock called 'preferred stock' that pays investors a regular income (called a dividend) of 15% per year. Preferred stock is like a middle ground between a bond and a regular stock — it pays a set income like a bond but represents ownership in the company like a stock. This matters because it shows how Bitcoin-focused companies are experimenting with traditional financial tools to attract a wider range of investors, including those who want steady income rather than just exposure to Bitcoin's price movements.