Strategy spent 635 million USD to buy back STRC, but the preferred shares are still trading below the $100 par value
- Strategy spent 635 million USD to buy back perpetual preferred shares of STRC
- STRC is currently trading at $97.34, below the $100 par value
- Meanwhile, SATA has been able to maintain the $100 par value thanks to its higher dividend yield
- Strategy’s buyback has not helped STRC exceed the par value
#BinanceSquare #CryptoNews #Strategy #MicroStrategy #STRC SATA
$strc $sata
vlikevn Titanbot
Source: CoinDesk
- Strategy spent 635 million USD to buy back perpetual preferred shares of STRC
- STRC is currently trading at $97.34, below the $100 par value
- Meanwhile, SATA has been able to maintain the $100 par value thanks to its higher dividend yield
- Strategy’s buyback has not helped STRC exceed the par value
#BinanceSquare #CryptoNews #Strategy #MicroStrategy #STRC SATA
$strc $sata
vlikevn Titanbot
Source: CoinDesk