Strategy plans to increase STRC dividend to 12% and authorizes bitcoin sales
Farside Investors noted that if investor concerns about Strategy's credit risk increase, the price of STRC may decline. Raising dividends to support the price would increase cash pressure and further affect investors’ certainty about the security’s valuation. STRC recently traded at around 75 USD before rebounding to 86 USD.
Strategy has introduced the Digital Credit Capital Framework, planning to establish USD reserves, increase STRC dividends to 12%, repurchase preferred securities at a discount, and authorize the sale of Bitcoin to help pay dividends and reserve funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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