Strategy’s MSTR Returned 77.4%, Outpacing Its Preferred Shares
Photo: TokenPost
Strategy’s common stock (MSTR) returned 77.4% from June 26 through Oct. 23, outpacing four preferred securities ahead of a shareholder vote on dividend timing. STRC returned 38.6%, STRD 35%, STRK 32.6% and STRF 22.9% over the period. The measurement ended at 4 p.m. ET (20:00 UTC) Oct. 23. Dividends counted on ex-dividend dates were included without reinvestment. The return comparison does not establish that Strategy’s preferred-share repurchases caused the gap between MSTR and the preferred securities. Strategy bought back 1,938,780 STRC shares for $193.1 million from Oct. 12 through Oct.
Source: TokenPost
