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Strategy’s Preferred Stock Hits All-Time Low
Key takeaways
- The preferred stock, known as “Stretch,” is designed to pay a high dividend to shareholders while maintaining a stable price of around $100 U.S.
- However, the stock has now lost its par value and fallen below $90 U.S.
- Ripple, The Company Behind XRP, Is Valued At $50 Billion
Strategy’s Preferred Stock Hits All-Time Low Crypto Prowl Thu, June 18, 2026 at 8:40 PM GMT+7 2 min read MSTR BTC-USD STRC STRD STRF Strategy’s (NASDAQ: $MSTR) preferred stock (NASDAQ: $STRC) has fallen to an all-time low as the selloff in the security continues.
The preferred stock, known as “Stretch,” is designed to pay a high dividend to shareholders while maintaining a stable price of around $100 U.S.
However, the stock has now lost its par value and fallen below $90 U.S. On June 17, the stock hit an all-time intraday low of $88.50 U.S. It ended trading at $89 U.S. a share.
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