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MARKET: Strive further adjusted its balance sheet with a combination of Bitcoin purchases, adjustments to its dividend structure, and a significant investment in Strategy+ preferred stock. The company added 179 BTC to its treasury, raised the SATA dividend to 12.75%, and allocated $50 million to STRC.
Strive purchased an additional 179 BTC, increasing its reserves to 13,311 BTC, valued at approximately $930 million.
The company increased the dividend on its SATA perpetual preferred stock by 25 basis points to 12.75%.