Strive (ASST), a Nasdaq-listed asset manager with a bitcoin (BTC) treasury strategy, announced plans Monday an initial public offering of a new class of preferred shares designed to pay dividends. The Series A Variable Rate Perpetual Preferred Stock, dubbed SATA, aims to pay an initial 12% annual dividend, paid monthly in cash. The company set to offer 1.25 million SATA to investors, raising funds to acquire more BTC and expand its operations, while proceeds may also go toward income-generating assets, wo ...