STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value. www.coindesk.com
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Finance
TD Cowen Reaffirms $260 Target on Strategy, Cites Focus on Restoring STRC Preferred Stock to Par
by shayaanby shayaanTD Cowen has maintained its $260 price target and buy rating on Strategy (formerly MicroStrategy), according to a recent report. The firm …
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Markets
How STRC lost its par: The timeline behind Strategy's preferred-stock meltdown
by shayaanby shayaanFrom a bond buyback and dwindling cash reserves to a bitcoin bear market, the sequence of events that turned STRC’s par-value challenge …
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Finance
Strategy raises STRC dividend as the preferred stock’s price drifts below par
by shayaanby shayaanMichael Saylor, executive chairman of Strategy (MSTR), said the largest public traded holder of bitcoin BTC$78,365.32 increased the dividend rate on its …