The hidden trade behind Strive’s 16.7% Bitcoin income offer

Strive’s Bitcoin dividend offer and the 16.7% figure

Strive, a Bitcoin-focused company, is offering investors a 15% annual dividend paid in small installments every business day. The 15% annual dividend rate is a stated term of the offering. The price buyers agreed to pay for the offering is another disclosed figure. On Oct. 15, Strive priced seven million shares of its new SATS preferred stock. The full story is available on CryptoSlate.