Key Takeaways:
Strive expanded its bitcoin holdings through purchases and the Semler Scientific merger.Medical-device revenue helped lift quarterly sales, while fair-value losses drove a large deficit.Daily SATA dividends are expected to begin soon, pending board declarations.“As of May 12, 2026, the Company has no short or long-term debt outstanding,” Strive stated, adding:
Quarterly revenue reached $2.76 million, up from $1.42 million a year earlier. Medical-device revenue contributed $1.37 million after the Semler transaction. Net loss totaled $265.9 million, largely tied to a $295.8 million unrealized loss on digital assets measured at fair value.
SATA Preferred Stock Moves Toward Daily DividendsStrive also amended terms for its Variable Rate Series A Perpetual Preferred Stock (Nasdaq: SATA). Daily dividend payments are set to start on June 16, 2026, on business days, when declared by the board.
At-the-market activity continued after March 31. Strive issued Class A shares for $58.4 million in gross proceeds and SATA shares for $58.6 million from April 1 to May 12. Remaining issuance capacity totaled $217.9 million for common stock and $429.2 million for SATA shares.
