Strategy Eyes STRC Dividend Hike Amid Bitcoin’s Continued Drop

• Strategy may raise the STRC dividend from 11.5% to 12-12.5% at the June 30 reset.
• Saylor wrote that Strategy remains focused on Bitcoin and disciplined capital allocation.
• Samson Mow suggested that Strategy conduct a $1.5 billion OTC BTC transaction with BSTR.

Strategy may increase the dividend rate on its STRC preferred shares from the current 11.5% to around 12-12.5% during its next monthly rate reset on June 30, as per reports. There isn’t any official announcement yet, but speculation picked up because STRC’s dividend is variable rather than fixed, as with a regular preferred stock.

STRC isn’t like common MSTR shares since it’s specifically built for investors who want income, with a high cash dividend, while also giving Strategy capital to buy more Bitcoin.

According to Strategy’s official dashboard, STRC currently pays an 11.50% annualized dividend, whic…

Read The Full Article Strategy Eyes STRC Dividend Hike Amid Bitcoin’s Continued Drop On Coin Edition.