Strategy holds STRC dividend at 12%
Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month.
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Summary
- Strategy is maintaining the dividend on its high-yielding preferred stock, STRC, at 12%.
- In the past, the company has raised the payout on STRC anytime it spent enough of the previous month trading sizably below par.
- CEO Phong Le this week said Strategy’s Corporate Objective is for STRC to trade at $99-$100 over time.
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Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
Why it matters:
Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.
