Strategy is trying a new approach to bring its $STRC preferred stock closer to its $100 target.
The company has proposed daily dividend payments for $STRC . The goal is to make the shares more attractive to investors and help support the price around $100. �
CoinDesk
$STRC has stayed below $100 since May, even though it offers a high dividend rate and Strategy has already spent around $1 billion on buybacks. �
CoinDesk
If the plan helps STRC move closer to $100, it could also support Strategy’s ability to use the preferred stock as part of its financing strategy.
In simple words: Strategy is using higher-frequency dividend payments and share buybacks to try to strengthen STRC and bring its price back toward $100. What you think?
*This is market news, not a guarantee that STRC will reach $100.*#QNTRises39% #EthereumBreaksAbove$2700 #BitgetBreachForgedRequestsNotStolenKeys #BitcoinSpotETFsTurnNetPositiveYTD #GrayscaleZcashETFHits$1BNetAssets
