Deep Tide TechFlow news: On June 18, Strategy’s floating-rate perpetual preferred stock STRC closed at $89 on June 17, a significant discount to the $100 target stable price, reaching the lowest unadjusted closing level since its launch in 2025. The stock’s current effective dividend yield is approximately 12.9%. It was originally designed to keep trading close to $100 through monthly interest rate adjustments.



As STRC has continued to trade below par value, Strategy has paused its mechanism of raising funds by issuing additional shares to buy Bitcoin when trading above par. Reports say Strategy sold 32 Bitcoins in May to pay for STRC allocations—its first sale of BTC since it began accumulating Bitcoin.
BTC-2.81%
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