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Techub News, According to CoinDesk, Strive (Stock Ticker: ASST) announced that its preferred stock SATA will become the first publicly listed security in the United States to pay cash dividends daily, starting June 16. The security maintains a 13% annualized dividend rate, but the daily dividend structure increases the effective yield to approximately 13.88% through more frequent compounding. The company has now fully repaid all its debts, holds 15,009 Bitcoin, and ranks as the ninth largest publicly traded corporate Bitcoin holder globally. Its CEO Matthew Cole stated that the daily dividend structure is a "zero-to-one innovation," designed to compete with traditional money market alternatives as a cash yield instrument.
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