SATA is a publicly traded, liquid, preferred equity instrument that currently pays a monthly dividend of 12.75% annualized to investors. Strive targets a $99 to $101 trading range for SATA to minimize the volatility of the security. The company currently holds 18 months of cash and reserves for dividend payments and also holds over 13,000 Bitcoin, which when combined with the reserves gives the company the ability to cover interest payments for over 19 years.
The dividends paid by SATA are classified as Return of Capital (ROC) which means they’re tax deferred for US investors. SATA is part of a fast-growing sector of income assets called Digital Credit, where a company offers a liquid instrument designed to trade with minimal volatility while the company underwrites Bitcoin risk. Interested investors can purchase SATA at the brokerage of their choice today.
