Strategy Raises STRC Preferred Dividend to 11.5% as Bitcoin and MSTR Slide

Leading bitcoin treasury company Strategy has increased the dividend on its STRC (Stretch) preferred stock, reinforcing its commitment to income-focused investors despite ongoing volatility in the crypto market. The company, led by Executive Chairman Michael Saylor, boosted the annualized payout by 25 basis points, bringing the dividend yield to 11.5%.

Source: tokenpost.com

Related symbols: MSTRUSD