Strategy to pay first daily dividend on Stretch preferred stock today
Photo: Crypto Briefing
The Bitcoin treasury company becomes the world's second issuer of a preferred stock that pays out every day Strategy has paid its first daily dividend on its Stretch preferred stock. That makes the company the world’s second issuer of a preferred stock that pays holders on a daily schedule. The move applies to the Variable Rate Series A Perpetual Stretch Preferred Stock, which trades on Nasdaq under the ticker STRC. Strategy Inc . (NASDAQ: MSTR), formerly known as MicroStrategy, has spent the past stretch of its corporate life turning capital markets into a funding pipeline for Bitcoin .
Source: Crypto Briefing
