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Bitcoin Dive Will Hike Strategy's Borrowing Rate To 11.75% — At Least

MSTR stock has another looming issue: The dividend rate on STRC preferred stock looks set to hit 11.75% thanks to bitcoin sell-off this week.

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investors.comStai leggendo3 mesi fa

MSTR stock has another looming issue: The dividend rate on STRC preferred stock looks set to hit 11.75% thanks to bitcoin sell-off this week.

Strategy’s STRC hit a record low as Bitcoin fell below $60K, pressuring MSTR shares and its preferred stock structure.