Strive bought STRC instead of holding ‘idle cash,’ lost over $4M
Strive told shareholders that it was choosing to hold STRC instead of idle cash, a swap that has cost shareholders millions of dollars. The post Strive bought STRC instead of holding ‘idle cash,’…
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STRC Preferred Stock Trades Below Par Despite 12% Dividend Hike, Fueling Buyback Debate
Strategy raised STRC's dividend to 12%, but the preferred stock still trades near $87, well below its $100 par value.
news.bitcoin.com·8d agoSTRC Preferred Stock Trades Below Par Despite 12% Dividend Hike, Fueling Buyback Debate
Strategy raised STRC's dividend to 12%, but the preferred stock still trades near $87, well below its $100 par value.
news.bitcoin.com·8d ago
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.
protos.com·1mo ago
Strive CEO blames leveraged liquidations for record plunge in Bitcoin treasury preferred shares SATA and STRC
The disastrous day for Bitcoin firms' preferred equity offerings may have been due to unwinding of leveraged positions in STRC and SATA.
decrypt.co·28d ago
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.
coindesk.com·21d ago
Buy STRC and make 28%? Traders say no thanks
The effective yield of STRC is 14% with a 28% total return on offer, yet it still cannot hold the $100 par value that Strategy intends. The
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
coindesk.com·1mo ago
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