
Strategy’s STRC perpetual preferred shares saw $93 million in trading volume, maintaining prices above $100 as the company continues funding Bitcoin purchases amid market volatility.
Strategy’s STRC perpetual preferred shares traded over $93 million in volume yesterday, with prices staying above $100. This activity follows the recent recovery to par value, enabling renewed at-the-market offerings for Bitcoin acquisition funding. The preferred equity’s 11.25% dividend yield remains intact despite prior volatility from Bitcoin’s drop to $60,000 and a record $3.2 billion loss earlier in February.