SATA vs SATS
SATASATS
Permanent link to this comparison
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In summary
Generated from the terms, not an opinionSATA pays a variable rate set by the issuer; SATS pays a fixed rate.
All are cumulative: unpaid dividends accrue.
Within Strive, Inc., SATA ranks ahead of SATS.
At the latest closes, effective yields were SATA 13.27%, SATS 15.76%, and prices stood at −2.02% vs par for SATA, −4.80% vs par for SATS.
Effective yield, six months
SATASATSBitcoin, right axisTerms, aligned
Rows above the line move with price| Term | SATA Strive, Inc. | SATS Strive, Inc. |
|---|---|---|
| Last close | $97.98 | $95.20 |
| vs par | −2.02% | −4.80% |
| Effective yield | 13.27% | 15.76% |
| Stated rate | 13.00%, variable | 15.00%, fixed |
| Rate mechanism | Issuer may adjust the monthly rate at its sole discretion with notice before the period starts. Cuts limited to 25bp plus the decline in monthly SOFR over the prior period, may not go below monthly SOFR, and are only allowed if all accumulated dividends are paid and the prior period's average price is >= $99 (and, for the first 3 months, a 20-day average above $100). | Fixed |
| Cumulative | Yes | Yes |
| Frequency | each business day | each business day |
| Next payment | 30 Nov 2026 | 9 Nov 2026 |
| Rank within issuer | 1 (1 = most senior preferred) | 2 (1 = most senior preferred) |
| Redemption | Optional redemption of all or part at $110 (or higher at issuer's discretion) plus accumulated dividends, any time after listing; partial only if >= $50m stated amount stays outstanding. Also clean-up (<25%) and tax redemptions at liquidation preference. | Clean-up (<25% of all SATS ever issued outstanding) and tax redemptions only, at liquidation preference plus accumulated dividends. No general optional call. |
| Conversion | None | None |
| Listing, currency | Nasdaq, USD | Nasdaq, USD |
| Terms as of | 13 Oct 2026 | 20 Oct 2026 |