Strive cranks its preferred dividend to 13%

A little more yield, a lot more Bitcoin

Strive is turning the dial up on its preferred stock, boosting the dividend rate to 13%. That’s not exactly pocket change — it’s the kind of move that makes income investors perk up and ask, “Okay, what’s the catch?”

At the same time, the company says its Bitcoin holdings have climbed to 13,768 BTC. Translation: Strive is still leaning hard into the whole corporate-treasury-as-crypto-vault strategy. If you own the stock, you’re not just buying a dividend story — you’re also taking a ride on Bitcoin’s mood swings.

Why investors should care

A higher preferred dividend can make the security more attractive to yield hunters, but it also raises the company’s cash commitments. That matters if the business hits a rough patch and suddenly needs every dollar to keep the lights on.

And the Bitcoin pile? Well, that’s where the roller coaster comes in. More BTC can juice upside if crypto keeps running, but it also adds another layer of volatility to the balance sheet. It’s basically a tuxedo with roller skates.

Big picture

Strive is doubling down on a high-yield, high-volatility identity. If you like income with a side of crypto drama, this is your lane. If you don’t, this may feel less like a stock and more like a dare.