Michael Saylor Confirms 12% Dividend Rate for STRC Preferred Shares in October
Michael Saylor, founder of Bitcoin treasury firm Strategy, announced that the dividend rate for the company's Stretch (STRC) preferred shares will remain at 12% for October 2026. STRC is a USD-denominated preferred stock, and this update confirms that holders will continue to receive the 12% annualized yield for the month.
Summaries are written by AI from the original article. Not investment advice.