Strategy’s $10.5B STRC Sinks as Investors Demand Higher Yield

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Strategy’s $10.5 billion variable-rate perpetual preferred stock STRC closed Tuesday at $91.79. STRC has grown from $2.8 billion to $10.5 billion over the past year through $7.7 billion of at-the-market issuance. Bitcoin’s pullback, rival preferred stocks, and capital-structure concerns are pushing investors to demand a higher yield.
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mjjtjmmm
· 3h ago
Steadfast HODL💎
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