Why Bitcoin Titan Strategy’s STRC Is Falling to New Lows – Decrypt
In brief Strategy’s preferred stock (STRC) tumbled to an all-time low of $82.53, dragging its common shares down along with it. CoinShares’ James Butterfill said STRC’s weakness likely stems from uncertainty around how Strategy will manage fixed obligations. Benchmark-StoneX’s Mark Palmer believes Strategy will hike STRC’s dividend rate to “support the price back toward par.”...
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