Strategy Conditionally Declares Daily Dividends as STRC Hovers Below $100

Strategy Conditionally Declares Daily Dividends as STRC Hovers Below $100

Strategy conditionally declared daily dividends on its preferred stock, as STRC continued to trade below its $100 par value.

Strategy's STRC Buybacks Explained: Cash, Dilution and the $100 Target

Strategy built STRC, a preferred stock that pays 12% a year, to raise money for bitcoin. It hasn’t raised any since May. In late June, STRC closed as low as $74.57, roughly 25% below the $100 price it was designed to trade near. Strategy started buying it back in late July and has kept buying every week since, spending $1.6 billion, by our count of its weekly filings. On Tuesday, STRC closed at $99.90. Last week was Strategy’s heaviest week of S…

Bitcoin Giant Strategy Plans STRC Daily Dividends Starting in November

Michael Saylor’s bitcoin treasury company Strategy has announced plans to begin paying daily cash dividends on its STRC preferred shares starting Nov. 2, pending shareholder approval of changes to its dividend structure. The company also intends to maintain STRC’s 12% annual dividend rate as it seeks to keep the stock trading near $100 per share. […]

Strategy Declares Conditional Daily Dividends for STRC as Price Holds Just Below Par

Strategy declared daily STRC dividends for November, pending an October 28 vote. See why the 12% preferred stock trades just below $100 and what it means for Bitcoin.

Strategy Proposes Daily STRC Preferred Dividend Structure Pending Approval

Strategy has conditionally approved a daily dividend payment schedule for its STRC preferred stock throughout November. The proposal must receive approval from common shareholders in a vote scheduled for October 28. According to a regulatory filing, the new schedule would establish a record date for every day in November, with the corresponding dividend paid on ...