Wu Blockchain (@WuBlockchain): Strategy’s STRC Hits Record Low at $89

Strategy’s STRC Hits Record Low at $89 Strategy’s variable-rate perpetual preferred stock STRC closed at $89 and touched an intraday low of $88.51, hitting a record low and bringing its year-to-date decline to about 10.7%. STRC has a stated amount of $100 per share, leaving it at an roughly 11% discount to that level. Strategy’s official page shows STRC currently pays an annualized dividend rate of 11.50%, adjustable monthly, and the company has previously said the rate is intended to help keep STRC trading near $100.