via BeInCrypto · By BeInCrypto Editorial
MicroStrategy’s STRC Tracks Bitcoin Lower Again as Semi-Monthly Dividend Begins
BTC/USDT
$10,032,812,518.77
$63,999.00 / $62,436.59
Change: $1,562.41 (2.50%)
+0.0052%
Longs pay
MicroStrategy’s STRC preferred stock dropped toward $90 this week as Bitcoin (BTC) slid under $63,000, then clawed back toward its $100 par, repeating a pattern that has shadowed every major Bitcoin drawdown this year.
The move landed days before shareholders approved a shift to semi-monthly dividends, a change the company says should steady the share price and tighten trading around par.
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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