Michael Saylor emphasized that Strategy’s dividend-paying preferred stock STRC continues to deliver positive returns as Bitcoin fell to near $64K.
Bitcoin.com News reported that Bitcoin fell to nearly $64K on November 14, down more than 21% over the month. The decline pushed Strategy’s Bitcoin holdings further below their purchase cost. That same day, Saylor turned his attention to the company’s dividend-paying preferred stock, STRC, saying it still offered a positive return.
· STRC is a dividend-paying preferred stock issued by Strategy, and its return is measured differently from the spot price of Bitcoin.
Would you look first at STRC’s dividend terms or the cost basis of Strategy’s Bitcoin holdings?
$BTC
Bitcoin.com News reported that Bitcoin fell to nearly $64K on November 14, down more than 21% over the month. The decline pushed Strategy’s Bitcoin holdings further below their purchase cost. That same day, Saylor turned his attention to the company’s dividend-paying preferred stock, STRC, saying it still offered a positive return.
· STRC is a dividend-paying preferred stock issued by Strategy, and its return is measured differently from the spot price of Bitcoin.
Would you look first at STRC’s dividend terms or the cost basis of Strategy’s Bitcoin holdings?
$BTC
