Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par

CoinDesk·

Strategy spends $635M buying back STRC as perpetual preferred stock lags $100 par

60-second summary

STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value.

STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value.