Michael Saylor Flags Sharp Market Selloff as Nasdaq Crashes 5.5%
By Kevin Helms
Michael Saylor compared a sharp equity sell-off and bitcoin’s retreat with Strategy’s preferred stock trading near par. His assessment followed the company’s shift to daily dividends and the shares’ return to their $100 benchmark. Saylor Compares Equity Losses With STRC’s Closing Price Michael Saylor, founder and…
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Explained in this story
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.
More about BitcoinDividend
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.
More about DividendMore in Finance
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