ORANGE PAPER
The Press › Strive
FILINGStrive (ASST) · 8-K · accepted Friday, Feb 13, 2026, 8:02 AM ET

Strive set SATA’s rate at 12.50%

From Strive’s 8-K, accepted by the SEC on Feb 13, 2026 at 8:02 AM ET.

What it says

Strive 8-K reports holdings as of Feb 11, 2026 (13,131.8 BTC, $127.2M cash, share counts), raises SATA dividend rate from 12.25% to 12.50% and declares a $1.0417 per share SATA dividend.

The numbers

Bitcoin held13,132 BTCas of Feb 11
Cash and cash equivalents$127.2Mas of Feb 11
Preferred shares outstanding · SATA4,265,518 sharesas of Feb 11
Class A common shares53,168,237 sharesas of Feb 11
Class B common shares9,880,282 sharesas of Feb 11
SATA dividend declared$1.0417record Mar 1, paid Mar 15
SATA dividend rate12.50%from Feb 16

What it changed

mNAV
0.75xFeb 12 close
0.75xFeb 13 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
29,334Feb 12 close
29,334Feb 13 close
Bitcoin per diluted share × 100 million (Strive’s share count is our estimate between its reports)
Years of preferred dividends covered
19.1 yrsFeb 12 close
19.7 yrsFeb 13 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet)

Also that day

The Peel: SATS’s first day: closed at $94.61 · Strive filed two 8-KsWednesday edition

Source

Form 8-K filed by Strive, Inc. with the SEC, accepted Friday, Feb 13, 2026, 8:02 AM ET. Accession 0001628280-26-007897.
Read the filing on SEC EDGAR ↗
Summary and figures read from the filing by Orange Paper’s filing reader and checked before publishing. Calculations (pro forma and close figures) are ours.
← All of The Press
Orange Paper reads every Strategy and Strive filing as it lands and checks each figure before publishing. Figures from filings link to SEC EDGAR; our own calculations are labelled. Not investment advice.