Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) to Issue Dividend of $0.50

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) declared a dividend on Tuesday, August 4th. Shareholders of record on Monday, August 31st will be given a dividend of 0.50 per share on Tuesday, September 15th. The ex-dividend date is Monday, August 31st.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Trading Up 1.6%

Shares of STRC traded up $1.45 during trading hours on Wednesday, reaching $93.98. 1,055,566 shares of the stock traded hands, compared to its average volume of 2,620,172. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 52 week low of $71.25 and a 52 week high of $100.42. The stock has a fifty day moving average price of $89.56. The stock has a market cap of $2.43 billion, a P/E ratio of -20.89 and a beta of 3.25.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company’s enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education).