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Strategy's STRC preferred stock hits a record low below par
Key takeaways
- Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, closed at $89 on Wednesday, its lowest level since it launched in July 2025.
- That is about 11% below the roughly $100 the stock is designed to hold.
- Traders keep track of this discount because of how Strategy uses the stock.
Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, closed at $89 on Wednesday, its lowest level since it launched in July 2025.
That is about 11% below the roughly $100 the stock is designed to hold. A preferred stock is a class of equity that pays a fixed dividend and ranks ahead of common shares in payout order. STRC pays a variable dividend, currently at an effective rate of 12.9%, adjusted monthly to keep its price near $100.
Traders keep track of this discount because of how Strategy uses the stock.
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