Strategy’s STRC preferred stock has become the largest holding in three major U.S. preferred stock ETFs, which collectively own $756 million of the security even as its price remains about 13% below its $100 par value. Michael Saylor, Strategy’s co-founder…
- Strategy's STRC preferred stock has become the largest holding in three major U.S. preferred stock ETFs, despite trading below its $100 par value.
- Institutional ownership of STRC has significantly increased, while retail ownership has decreased, indicating a shift in investor base.
- Strategy plans to issue more STRC and purchase Bitcoin once the stock price returns to $100, a key level for its funding model.
Topics: Asset types, Institutional adoption, Public market, Financial instruments, Asset manager initiatives, Stock equity tokenization
Tags: #strc #preferredstock #etfs #michaelsaylor #blackrock #bitcoin #institutionalownership #digitalcredit #parvalue #dividend
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