For August 2026, Strategy will maintain the dividend on its preferred stock STRC at 12% annualized, while the shares have been trading below their nominal level of $100 since May, at $89.46 at the time of writing. The company, which had promised never to sell bitcoin by financing its purchases through debt and dilution of its MSTR shareholders, has ultimately sold part of its holdings to fund this dividend. The initial STRC strategy planned to adjust the monthly dividend rate to maintain the share price at $100, but this objective now appears out of reach. Strategy lost $8.2 billion in the second half, illustrating the company’s growing financial difficulties.
Source: Read the original article
