Strive’s SATA preferred stock has rebounded from a June low of $83.30 to about $97, recovering most of the sell-off and retreating to within about 3% of its $100 par value, according to Yahoo Finance data.

Try difficult introduced SATA in November 2025 as part of its strategy to finance the expansion of its Bitcoin vault through preferred equity. The floating rate preferred stock is expected to trade near its $100 par value through a dividend rate adjustment, which will enable Strive to raise capital for its Bitcoin (BTC) treasury without issuing additional common shares.

SATA is one of a growing number of preferred stock products tied to Bitcoin treasury strategies, an emerging segment that companies like Strategy refer to as “digital credit.”

Strategy’s STRC launched in 2025 with a similar goal of keeping the stock price at $100 through a variable dividend also cut It fell sharply during the behind schedule June sell-off and then rebounded, although it is still trading below par at around $87.

Year-to-date SATA price chart. Source: Yahoo Finance

While Strategy remains the world’s largest public holder of Bitcoin with 843,775 BTC, Strive climbed to seventh place with 19,921 BTC, according to BitcoinTreasuries.NET.

Top 10 Bitcoin Treasury Stocks. Source: BitcoinTreasuries.NET

Related: The strategy raises $263.5 million through the sale of MSTR, holds 843,775 Bitcoins

SATA Data Recovery Can Help Raise Your STRC Strategy, Says Mow

Jan3 founder and CEO Samson Mow told Cointelegraph that recent adjustments by Bitcoin treasury companies are starting to restore confidence in preferred stock products, confirming his view that Bitcoin has already hit bottom.

“I think any action Strategy has taken to strengthen its balance sheet and encourage STRC to return to normal is also working,” Mow said, adding:

But everything works in tandem. I think once SATA returns to normal, STRC will also return to normal because people say, “OK, this model isn’t broken.” Each is capitalized on three or more years of dividend payments…there was no reason to panic the whole time.

Mow said the improved performance of preferred stock products is part of a broader shift in the Bitcoin treasury sector as companies continue to refine their capital-raising strategies.

He pointed to treasury company Orange Juice Lyn Alden, which launched on July 15 with plans to operate a Bitcoin vault, as another example of companies entering the market with different approaches and the lower costs of Bitcoin.

Samson’s Speech interview with Cointelegraph. Source: Cointelegraph

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