Strategy shareholders approved daily dividends on four U.S.-listed preferred securities, STRC, STRF, STRK and STRD. STRC closed at $99.92, eight cents below its $100 stated value, after gaining 0.4%. A sustained return above that threshold could allow Strategy to resume issuing STRC to fund additional Bitcoin purchases, following more than $2 billion in buybacks. As of Oct. 25, the company had $957 million remaining under its $3 billion buyback program and held 848,517 BTC. Strategy has not yet announced a resumption of STRC issuance.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
