Debate Grows Over Strategy Using Bitcoin Sales to Fund STRC Buybacks
Strategy raised the dividend on its flagship preferred stock to 12% in late June, but the security is still changing hands well below the $100 price the company says it wants investors to see. STRC…
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Debate Grows Over Strategy Using Bitcoin Sales to Fund STRC Buybacks
Strategy raised the dividend on its flagship preferred stock to 12% in late June, but the security is still changing hands well below the $1
STRC Preferred Stock Drops to $82.53 Intraday Low, Testing Strategy Inc.'s Bitcoin-Backed Credit Model
STRC hit an intraday low of $82.53 before closing at $88.59, testing Strategy’s bitcoin-linked preferred stock model.
STRC preferred stock falls 5.3% below par value as crypto derivatives also crash
Strategy’s 11.5% dividend-paying preferred stock STRC will pay a 0.96% dividend this month, but it’s already lost 3.8% of its value.
STRC faces selling pressure as bitcoin weakness and dividend obligations weigh on Strategy's cash reserves
STRC has struggled to maintain its $100 target price, while Strategy's reduced cash reserves and dividend obligations are drawing increased
Strategy (MSTR) stock falls 8% as STRC preferred stock drops 25% below par, shaking investor confidence
STRC was marketed as a low volatility income product designed to trade near $100, and its sharp decline has undermined investor trust.
Strategy Sells 32 BTC for $2.5 Million to Fund Preferred Stock Distributions
Strategy (Nasdaq: MSTR) reported in a June 1 SEC Form 8-K that it sold 32 BTC for $2.5 million. The company said the proceeds are expected t

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