For August, we have elected to maintain SATA’s dividend rate at 13.0%. We are often asked how we determine the rate, so I wanted to share a little more about the considerations that go into making the decision. At Strive, we do not make these decisions based solely on SATA’s trading price. Each month, we assess the market from several angles. We look at SATA’s recent trading activity and liquidity, as well as market-positioning indicators such as short interest. We also compare its effective yield and spread to similar securities, evaluate Bitcoin’s recent trading activity (which has been near the lows of the current cycle), and consider the broader macro and capital markets environment. That includes the status of ongoing global conflicts, recent IPO activity, and other factors that may affect both investor sentiment and the demand for capital. No single data point determines the outcome. We consider the breadth of information available to us and weigh those factors together, with the objective of supporting healthy demand, durable liquidity, and stable trading around SATA’s $100 stated amount over the long term. Based on our analysis, we concluded maintaining the 13.0% dividend rate was the appropriate decision for August. $SATA $ASST