Strive, Inc. 8-K

What Happened
Strive, Inc. (ASST) filed an 8-K on Feb. 13, 2026 announcing its board increased the regular annual dividend rate on its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) from 12.25% to 12.50% and declared a cash dividend. The dividend of $1.0417 per SATA share (annualized 12.50%) will be paid Mar. 15, 2026 to holders of record at the close of business on Mar. 1, 2026. The company also disclosed liquidity and asset totals as of Feb. 11, 2026.

Key Details

• Cash and holdings: $127.2 million of cash and cash equivalents and 13,131.8 bitcoin as of Feb. 11, 2026.
• Share counts (as of Feb. 11, 2026): 53,168,237 Class A common; 9,880,282 Class B common; 4,265,518 SATA shares outstanding.
• Dividend rate change effective for monthly periods beginning on or after Feb. 16, 2026 (12.25% → 12.50%).
• Tax guidance: Distributions on SATA Stock may be treated as a tax‑deferred return of capital (ROC) to U.S. investors to the extent of basis and generally exempt from U.S. dividend withholding for non‑U.S. investors; Strive says it has no accumulated earnings & profits and does not expect current E&P in the foreseeable future.

Why It Matters
The board’s increase in the SATA dividend rate and the declared cash payment are material for holders of Strive’s preferred stock because they directly affect yield and near‑term cash receipts. The ROC tax guidance means investors may not recognize dividend income for U.S. tax purposes (instead recovering basis), which affects after‑tax returns and basis tracking. The company’s disclosed cash and bitcoin balances provide context on liquidity available to support dividends and operations. Investors should note the record and payment dates and review tax treatment with a tax advisor.