Strategy's STRC preferred stock touched $100, its first time at that level since May, after rebounding from a June low of $71.25. The 12% annual dividend pays $12 a share on a $100 face value, with daily accrual approved on 28 Oct and effective from 1 Nov.
Strategy's STRC preferred stock touches $100 for first time since May
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The story so far: Strategy STRC preferred stock recovery
Strategy's STRC preferred stock rose to $99.95 in late October, its first time near $100 par in over 165 days. It has now touched $100 for the first time since May after rebounding from a June low of $71.25, with a 12% annual dividend accruing daily from 1 Nov.
Strategy's STRC preferred stock rises to $99.95 for first time in over 165 days
Bitcoin Treasuries said Strategy's Stretch perpetual preferred stock (STRC) rose to $99.95 ahead of the company's third-quarter earnings call, the first time in more than 165 days and $0.05 below its $100 par value.
Strategy's STRC preferred stock touches $100 for first time since May
Strategy's STRC preferred stock touched $100, its first time at that level since May, after rebounding from a June low of $71.25. The 12% annual dividend pays $12 a share on a $100 face value, with daily accrual approved on 28 Oct and effective from 1 Nov.
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