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via BeInCrypto · By BeInCrypto Editorial
MicroStrategy’s STRC Tracks Bitcoin Lower Again as Semi-Monthly Dividend Begins
BTC
BTC/USDT
$84,020.00
-0.78%
$84,020.00
-0.78%
(24s)24h Volume
$14,566,897,028.31
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.3%
Long: 58.3%Short: 41.7%
Funding Rate
-0.0006%
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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