🚨BREAKING: $STRC is now trading near its record-low zone, around $86, far below its $100 par value.
This is Strategy’s preferred stock with an 11.5% annual dividend, and a deep discount signals the market wants a higher yield.
If Strategy raises the dividend, its cash obligation rises too. With $MSTR NAV premium now much weaker, issuing more shares becomes harder.
Strategy says its Bitcoin reserve gives it years of runway, but the market is not fully convinced yet.
For Bitcoin, this is a major story to watch.
BTC
63,238.99
+1.01%