SATA Dividend Calculator

Estimate your SATA monthly income and tax-equivalent yield.

$
Annual Yield 13.0%
Tax Bracket (Cap Gains) 15%
Monthly Income
$1,083
Annual Income
$13,000
Basis Hits $0
7.7 yrs
Tax-Equiv Yield
15.3%
Year Cumulative Received Remaining Basis Monthly Tax Owed Status
1 $13,000 $87,000 deferred
2 $26,000 $74,000 deferred
3 $39,000 $61,000 deferred
4 $52,000 $48,000 deferred
5 $65,000 $35,000 deferred
6 $78,000 $22,000 deferred
7 $91,000 $9,000 deferred
8 $104,000 $0 $162.50 taxable
9 $117,000 $0 $162.50 taxable
10 $130,000 $0 $162.50 taxable
11 $143,000 $0 $162.50 taxable
12 $156,000 $0 $162.50 taxable
13 $169,000 $0 $162.50 taxable
14 $182,000 $0 $162.50 taxable
15 $195,000 $0 $162.50 taxable
Coming Soon

SATA Is Moving to Daily Dividends

Strive has announced that SATA will become the first listed security in US capital markets history to pay daily dividends — 13% annualized, paid every business day instead of monthly. The transition begins June 16, 2026, after the final monthly payment on June 15. Daily compounding increases the effective APY by ~7.6 bps, and shareholders will receive ~250 payments per year instead of 12. Strive has also retired all remaining debt, making it a preferred-equity-only balance sheet. This calculator will be updated once daily dividends go live.

What Is SATA?

SATA — Strive's Variable Rate Series A Perpetual Preferred Stock — is a publicly traded preferred stock issued by Strive, Inc. (Nasdaq: ASST). It trades on Nasdaq near a $100 par value and pays a monthly cash dividend (transitioning to daily in June 2026), currently set at a 13% annual rate. Learn more about what SATA is and how it works.

Strive uses the capital raised from selling SATA shares to buy Bitcoin for its corporate treasury. Like Strategy's STRC, the dividend rate adjusts to keep the share price anchored around $100:

SATA drops below $95
Dividend rate increases to attract buyers
SATA trades $99–$101
Rate stays unchanged at 13%
SATA rises above $101
Dividend rate can be cut

How Does SATA Compare to STRC?

SATA and STRC are structurally almost identical — both are variable-rate perpetual preferred stocks backed by Bitcoin treasuries, paying monthly cash dividends classified as return of capital. The key differences are scale, liquidity, and yield:

1
Higher yield — SATA pays 13% vs STRC's 11.5%. The higher rate compensates for Strive's smaller size and lower liquidity.
2
Smaller balance sheet — Strive holds ~15,000 BTC (~$1.2B) with $496M in total SATA outstanding vs Strategy's 818,000+ BTC. Strive is now completely debt-free.
3
~2.3 years cash coverage — Strive holds $148M in cash reserves alongside its Bitcoin, covering roughly 2.3 years of dividend obligations without selling BTC or issuing new shares.

Some investors hold both SATA and STRC to diversify single-issuer risk while increasing overall portfolio yield.

How Are SATA Dividends Taxed?

Like STRC, SATA dividends are classified as return of capital (ROC) for US tax purposes. You don't owe income tax when you receive them — each payment reduces your cost basis in the shares.

Once your basis reaches $0, subsequent dividends become taxable at your long-term capital gains rate rather than ordinary income rates. This deferred treatment makes the tax-equivalent yield significantly higher than the stated rate:

Tax-Equivalent Yield
Annual Yield ÷ (1 − Tax Rate)
13% ÷ (1 − 0.15) = 15.3%

For an investor in a 15% capital gains bracket, a 13% SATA yield is equivalent to earning 15.3% from a fully taxable investment. The ROC classification is determined year by year based on Strive's earnings and profits position.

Where Does the Yield Come From?

Bitcoin generates no cash flow on its own. The 13% yield is funded from two primary sources:

1
New SATA share sales (ATM program) — the dominant source. When SATA trades at or above $100, Strive issues new shares and uses the proceeds to buy more Bitcoin and fund dividends.
2
$148M cash reserve — covers approximately 2.3 years of dividend obligations without selling Bitcoin or issuing new shares.

SATA sits senior to Strive's common stock (ASST) in the capital stack but junior to any future debt. Strive has retired all remaining debt and now operates a preferred-equity-only balance sheet. The structure works as long as Bitcoin appreciates faster than the 13% annual cost and capital markets remain open for new issuance.

SATA is available on most major brokerages. See our guide on where to buy SATA for a full broker comparison.

This calculator is for informational and educational purposes only and does not constitute financial, investment, or tax advice. SATA is not a bank deposit, not FDIC insured, and carries risk of loss. Past performance is not indicative of future results. Always consult a qualified financial advisor before making investment decisions.