AIXBT says Strategy's STRC preferred stock traded at par on 4 Nov

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 traded at par on 4 Nov for the first time since May, after rebounding from a June low of $71.25.

1. 29 Oct 202616:12 UTC

   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.

   BitcoinOdailyAINeutral

2. 4 Nov 202618:08 UTC

   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.

   BitcoinOdailyAIBullish

3. 4 Nov 202621:48 UTC

   AIXBT says Strategy's STRC preferred stock traded at par on 4 Nov

   AIXBT said Strategy's STRC preferred stock, used to fund Bitcoin purchases, traded at par on 4 Nov for the first time since May. Strategy raised $5.46bn through STRC in the second quarter and none in the third, leaving $17.5bn of capacity.

   BitcoinCoinNessAINeutral