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via BeInCrypto · By BeInCrypto Editorial
MicroStrategy’s STRC Tracks Bitcoin Lower Again as Semi-Monthly Dividend Begins
BTC
BTC/USDT
$79,710.68
+0.38%
$79,710.68
+0.38%
(24s)24h Volume
$11,434,672,613.92
24h H/L
$79,877.07 / $78,660.00
Change: $1,217.07 (1.55%)
Long/Short
52.9%
Long: 52.9%Short: 47.1%
Funding Rate
-0.0008%
Shorts pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(01:24 PM UTC)
1 min read
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.
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