According to Cointelegraph, Strategy announced it will maintain the dividend rate for STRC preferred shares at 12%, effective July 1. The STRC share price closed at approximately $89.46 on July 31, below its $100 par value. Strategy has launched five digital credit capital frameworks, including approximately $2.55 billion in reserves, two $1 billion repurchase programs, and a BTC monetization authorization. Strategy will not increase the dividend rate solely due to STRC trading below par value and has set a target trading range for STRC between $99 and $100.
The strategy maintains a 12% dividend rate for STRC as the price falls below its $100 par value.
AiCoinShare
Summary
Strategy has confirmed a 12% dividend rate for STRC preferred shares effective July 1, despite BTC price volatility and the token trading below its $100 par value at $89.46 on July 31. The company also disclosed $2.55 billion in reserves, two $1 billion buybacks, and a BTC monetization plan. Strategy emphasized it will not increase the dividend rate solely due to the price decline and aims for a trading range of $99–$100. The Fear & Greed Index remains a key metric for gauging market sentiment.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.