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

By Andrew Hayward

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…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Dividend

A share of a company's profit paid out to its shareholders, usually in cash.

Dividends are a regular income source for investors and a signal of a company's financial health.

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