Strategy proposes daily dividends to bring STRC back toward $100

Bullish+0.07%

25 Sep, 14:22

Source: CoinDesk

AI Summary

Strategy proposes daily dividends for its STRC preferred shares to push the price back toward $100, supported by a 12% dividend rate and recent buybacks.

STRC has remained below $100 since May, despite a 12% dividend rate and roughly $1 billion in preferred share buybacks.