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Strategy's STRC preferred shares hit $100 after shifting to daily dividends, enabling potential new bitcoin purchases.

Market News
04 Nov 2026, 20:01 WIB
Bitcoin
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Bullish
Strategy's STRC preferred shares hit $100 after shifting to daily dividends, enabling potential new bitcoin purchases.

Strategy's STRC preferred shares reached $100 for the first time since May, following months of share buybacks and a recent shift to daily dividend payments starting November 1. This milestone is significant because trading at or above $100 allows Strategy to issue new STRC shares to raise funds for bitcoin purchases, reversing prior buyback efforts. The shares offer a 12% annualized dividend yield, now accrued daily to reduce price swings and attract income-focused investors. While crossing $100 enables new share issuance, actual transactions depend on management decisions and market conditions.

Bitcoin Giant Strategy's STRC shares hit $100 for the first time since May, a key threshold for new share issuance. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Nov 05, 2026 00:31 WIB: out of 50 major cryptocurrencies, 45 rose and 4 fell. Among notable movers, GRT rose 4.23% to Rp375 with a typical hold time of 100 days and a 71% sell order activity, while AXS gained 4.18% to Rp15,957 with 100% buy order activity and a 63-day hold time. LINK increased 4.02% to Rp209,625, with 74% buy activity and a 64-day hold time.

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