Strategy shareholders approve semi-monthly STRC dividends as BTC purchases rise

Strategy shareholders approved moving STRC dividends from monthly to semi-monthly at its annual meeting. STRC is designed to trade near a $100 par value while paying a variable cash dividend. K33 said STRC has bolstered Strategy's bitcoin acquisition strategy, with purchases rising from 4,467 BTC in January to nearly 46,872 BTC in April.
BTC-2.53%
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