Strategy's STRC preferred stock rises back to $100
According to market reports: Bitcoin treasury company Strategy's perpetual preferred stock STRC has, for the first time since early November, traded back above $100 in pre-market trading, creating conditions for its related products to issue stock at market price to raise funds for purchasing more Bitcoin. The stock is a short-term high-yield credit, currently with an annual dividend yield of 11%, paid monthly in cash, with the dividend rate reset monthly to stabilize the stock price. Since its launch, STRC has increased by 16%, with an effective yield of approximately 11%. The dividend yield at the beginning of the year rose to 11%, marking the fifth increase.
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Strategy's STRC preferred stock rises back to $100
According to market reports: Bitcoin treasury company Strategy's perpetual preferred stock STRC has, for the first time since early November, traded back above $100 in pre-market trading, creating conditions for its related products to issue stock at market price to raise funds for purchasing more Bitcoin.
The stock is a short-term high-yield credit, currently with an annual dividend yield of 11%, paid monthly in cash, with the dividend rate reset monthly to stabilize the stock price. Since its launch, STRC has increased by 16%, with an effective yield of approximately 11%. The dividend yield at the beginning of the year rose to 11%, marking the fifth increase.