Bitcoin Giant Strategy’s STRC Hits $100 for First Time Since May After Daily Dividend Shift

Strategy’s STRC preferred shares reached the $100 mark on Wednesday for the first time since May, marking a significant milestone for the bitcoin treasury company just days after it began paying daily dividends to shareholders. The stock touched $100 during Wednesday’s trading session, according to Google Finance data , continuing a recovery that has seen the shares climb from a June low of $71.25. The rebound follows months of aggressive share repurchases and adjustments to STRC’s dividend structure aimed at keeping its market price close to $100.

Also reported by The Defiant.

Source: Bitcoin.com News