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Strategy's investors are may be rotating out of its preferred stock for another crypto rival
Strategy's bitcoin-backed preferred stock remains well below par value as concerns over dividend coverage and stronger competition from Strive's SATA.
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cryptobriefing.com
Strategy CEO Phong Le floats STRC dividend hike to close gap with par value
Strategy CEO Phong Le says the company may raise STRC's dividend rate or USD reserves to restore the preferred stock to its $100 par value.
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Strive's SATA preferred stock raises capital to acquire 111 Bitcoin during trading hours
Strive raised capital through its SATA preferred stock to buy 111 Bitcoin in a single trading session, bringing total holdings past 19,000 BTC.
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coindesk.com
Strategy's investors are may be rotating out of its preferred stock for another crypto rival
Strategy's bitcoin-backed preferred stock remains well below par value as concerns over dividend coverage and stronger competition from Strive's SATA.
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Strive's SATA trading volume surges 215% to $53M after daily dividends announcement
Strive's SATA preferred stock saw a 215% trading volume surge to $53.1M after announcing daily dividends at a 13% annualized rate, backed by over 15,009