Strategy's STRC shares have officially made it back above the $100 mark after spending so long underwater, hitting a low of $71.25 back in June!
Turns out having the cash to buy back shares that were dragging you down makes all the difference—they've shot straight to their highest level since May! 🚀
A little analysis: STRC promises to pay a 12% annual dividend, and on top of that, it starts accruing daily from 1/11. Sounds pretty good, right? What's more, whenever STRC climbs above $100, the company is allowed to issue more shares and sell them for cash... to buy even more Bitcoin. Talk about an “infinite” feedback loop!
What should traders do? Ride the BTC waves and dance to the rhythm of Strategy's money printer. Follow the money, don't be foolish enough to stand in front of the train!
⚠️ This is not financial advice!
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