BlackRock’s ETF holds $39.2 million in Strive SATS preferred stock

BlackRock’s iShares Preferred and Income Securities ETF has disclosed its first purchase of Strive’s SATS preferred stock , holding approximately $39.2 million of the security as of November 4, 2026. The shares offer a fixed 15% annual dividend, adding to the fund’s exposure to a company whose Bitcoin treasury exceeds 43,000 BTC. Key takeaways PFF disclosed ownership of 412,353 SATS shares. Strive’s SATS offering raised approximately $630 million for Bitcoin acquisitions. SATS ranks behind Strive’s SATA preferred shares for payout priority. PFF selects securities using market capitalization and liquidity criteria.