CoinDesk

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

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

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

This is a short WorldPing brief. The full report was published by CoinDesk.

Read the full report at CoinDesk

Related news

Apple’s Bitcoin Strategy Will Depend on More Than John TernusWorldPing
Bitcoin.com

Apple’s Bitcoin Strategy Will Depend on More Than John Ternus

If you’re looking to the next CEO, John Ternus, for clues about how crypto asset-related strategy might change at the multi-trillion-dollar tech giant Apple, you need to look elsewhere too.

Brief by WorldPing · Original reporting by Bitcoin.com