Strategy’s 11.5% dividend equity bounces back faster than historical average to unlock more bitcoin buying

Preferred shares recovered in nine days after their ex-dividend drop, enabling further bitcoin accumulation. What to know : STRC, the perpetual preferred equity used by Strategy to fund bitcoin purchases, returned to its $100 par value nine trading days after going ex-dividend on March 13 The rebound is slightly faster than its typical 10-day recovery period. The return to par gives Strategy the freedom to issue more of the stock through its at-the-market program, raising funds to buy more bitcoin.