#StrategySkipsBitcoinPurchasesSpends$205MOnSTRCBuybacks
đłïž Strategy Holders Vote Today on Daily Dividends
đ MSTR shareholders meet Oct 28 at 10:00 AM ET to vote on daily dividends for STRC, STRF, STRK and STRD
đ” If approved, STRC's first daily record date is Nov 1, paid Nov 2; the other three start in January
âžïž Context: Strategy bought zero BTC from Oct 19-25 and spent $204.9M buying back STRC
đ Holdings stay at 848,517 BTC, average cost about $75,446
đŠ USD assets total about $5.1B: a $4.83B reserve for dividends and interest plus $242.4M cash
đ BTC trades near $81K, about 7% above Strategy's cost
What it means for Bitcoin: Strategy is pushing to make its preferred stock more attractive, since that's a key way it raises money for BTC. A yes vote doesn't buy coins by itself, but stronger preferred demand could help restart purchases.
Would daily dividends make you trust Strategy's model more? đ
$BTC
#CryptoNews #Bitcoin #MSTR #StrategySkipsBitcoinPurchasesSpends$205MOnSTRCBuybacks
đłïž Strategy Holders Vote Today on Daily Dividends
đ MSTR shareholders meet Oct 28 at 10:00 AM ET to vote on daily dividends for STRC, STRF, STRK and STRD
đ” If approved, STRC's first daily record date is Nov 1, paid Nov 2; the other three start in January
âžïž Context: Strategy bought zero BTC from Oct 19-25 and spent $204.9M buying back STRC
đ Holdings stay at 848,517 BTC, average cost about $75,446
đŠ USD assets total about $5.1B: a $4.83B reserve for dividends and interest plus $242.4M cash
đ BTC trades near $81K, about 7% above Strategy's cost
What it means for Bitcoin: Strategy is pushing to make its preferred stock more attractive, since that's a key way it raises money for BTC. A yes vote doesn't buy coins by itself, but stronger preferred demand could help restart purchases.
Would daily dividends make you trust Strategy's model more? đ
$BTC
#CryptoNews #Bitcoin #MSTR #StrategySkipsBitcoinPurchasesSpends$205MOnSTRCBuybacks
