Strategy shareholders approve semi-monthly dividends for STRC preferred stock
"Paying dividends on STRC twice a month is designed to stabilize price, dampen cyclicality, drive liquidity, and grow demand for STRC," Strategy's CEO said.
Watchlist
Archive context. The story has cross-source confirmation.
"Paying dividends on STRC twice a month is designed to stabilize price, dampen cyclicality, drive liquidity, and grow demand for STRC," Strategy's CEO said.
Why this matters
Strategy is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The BlockRelated market context
Jeff Walton: How Strive Supercharged its Bitcoin Buying Strategy
Bitcoin Magazine Jeff Walton: How Strive Supercharged its Bitcoin Buying Strategy Strive was one of the best performing stocks in...
Bitcoin treasury stocks have gone ice cold
Over the past 18 months, the vast majority of publicly traded companies that pivoted to a BTC treasury strategy have lost money si...
Strategy paid $100M extra to buy back the bitcoin it sold
Strategy has spent recent weeks rebuying 5,553 of the BTC it sold over the summer. After selling low in the summer and re-buying h...
Binance Buys $100M in Circle Stock, Deepens USDC Alliance
Binance has purchased $100 million of Circle stock while signing a new five-year commercial agreement designed to expand USDC adop...
Coinbase targets stock futures but CFTC standstill blocks launch
Coinbase Derivatives has filed a proposed framework for perpetual futures tied to individual US stocks and exchange-traded funds,...
Binance Becomes a Circle Shareholder in $100 Million Stock Sale Tied to USDC Deal
Circle sold 1,237,011 shares of its Class A common stock to Binance for $100 million and agreed to pay the exchange a recurring fe...