Strive’s SATA preferred shares have recovered nearly 16% from their June low to about $97, prompting Jan3 CEO Samson Mow to predict that the rebound could help Strategy’s STRC return to its $100 par value. Yahoo Finance data show SATA…
- Strive's SATA preferred shares have recovered significantly, prompting predictions that Strategy's STRC could return to its $100 par value.
- The recovery is attributed to actions taken by Bitcoin treasury companies to improve balance sheets and rebuild investor confidence in these financial products.
- Despite a discount, STRC is seeing increased demand from major U.S. preferred stock ETFs, indicating institutional interest in Bitcoin-linked securities.
Topics: Asset types, Institutional adoption, Yield performance, Equity, Asset manager initiatives, Private credit high yield
Tags: #sata #strc #samsonmow #strategy #strive #bitcoin #preferredshares #parvalue #etfs #digitalcredit
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