Well, butter my biscuit-Strategy’s at it again! 🥴
Now, listen here, folks-Strategy (MSTR), that peculiar outfit that hoards Bitcoin like a squirrel hoarding acorns before winter, has gone and sweetened the pot for investors. They’ve bumped up the STRC dividend to a whopping 10%, up from a measly 9%. That’s right, a whole extra percentage point-try not to faint from excitement. 💫
The Nitty-Gritty (Or What Passes for It These Days)
- The annual dividend on STRC is now 10%, because apparently, 9% just wasn’t flashy enough. Shares are hovering near $97, eyeing that magical $100 mark like a dog eyeing a steak.
- September dividends are getting a facelift across STRC, STRF, STRK, and STRD-because nothing says “trust us” like changing numbers on a spreadsheet.
Meanwhile, in Crypto Land…
BTCBTC$111,019.59◢0.58%
(Because what’s a financial article without random crypto stats?)
Now, Strategy-bless its little Bitcoin-hoarding heart-has been selling preferred stock faster than a snake oil salesman at a county fair, all to buy more of that sweet, sweet digital gold. And guess what? They just bought another 4,048 BTC, bringing their stash to a cool 636,505 BTC. That’s enough to make Scrooge McDuck jealous. 🦆💰
Since STRC debuted back in July, it’s climbed about 8%-slow and steady, like a tortoise with a caffeine addiction. It’s now trading near $97, just shy of that oh-so-important $100 target. Why $100? Because Strategy says so, and who are we to argue? The effective yield is currently 10.3%, which sounds fancy until you remember inflation exists. 🤷♂️
Oh, and here’s the kicker-for every $1 of dividend promised, there’s $5 worth of Bitcoin backing it. That’s what they call “overcollateralization,” or in layman’s terms, “We swear we’re good for it.”
Now, if STRC doesn’t hit that $100 mark, Strategy can’t issue more shares through their ATM program-and no, that’s not the kind of ATM that spits out twenties. It stands for “at-the-money,” which sounds important but mostly just means they can’t print more shares unless the price behaves. 🏧
And because one dividend hike wasn’t enough, they’ve also declared quarterly payouts for STRD ($3.0556), STRF ($2.50), and STRK ($2.00). All payable on Sept. 30 to shareholders who remembered to hold onto their shares by Sept. 15. Mark your calendars, folks-or don’t, and let the dividends vanish into the ether. Poof! ✨
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2025-09-03 12:00