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Here is why Strategy's dividend-paying crypto stock is crashing to near-historic lows
Key takeaways
- The only lower closes occurred during two sessions later that month, when STRC fell to as low as $88.60.
- STRC was designed to trade as close as possible to its $100 par value.
- Historically, STRC would trade near its $100 par value ahead of the ex-dividend date, the cutoff after which new buyers are no longer entitled to the upcoming dividend.
Investors are increasingly favoring Strive's SATA, which offers a higher yield, daily dividend payments, and a debt-free capital structure.Strategy's (MSTR) dividend-paying preferred stock, STRC, closed at $91.79 on Tuesday, its third-lowest since trading began in July 2025, amid lower bitcoin prices and debt concerns.
The only lower closes occurred during two sessions later that month, when STRC fell to as low as $88.60. The security was initially priced at approximately $90 in its debut.
STRC was designed to trade as close as possible to its $100 par value. However, it has remained below that level for an extended period and has not traded at $100 since May 15, last month's ex-dividend date.
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