Strategy Reports $2.5 Billion Bitcoin Purchase as STRC Dividend Traders Drive Strong Demand
Strategy, a Bitcoin-buying firm, purchased $2.54 billion worth of Bitcoin, increasing its holdings to 815,000 BTC. The firm also issued $2.2 billion in STRC, its dividend-paying preferred share, which saw strong demand ahead of its ex-dividend date. The stock price fluctuated, with a 12% surge on Friday and a 2% drop before Monday's opening.
Topics: Bitcoin corporate investment dividend trading Strategy Corp STRC