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

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) declared a dividend on Monday, August 31st. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.50 per share on Thursday, October 15th. The ex-dividend date is Wednesday, September 30th.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Price Performance

Shares of NASDAQ STRC traded up $0.27 during trading hours on Wednesday, reaching $97.07. 1,009,192 shares of the stock traded hands, compared to its average volume of 2,482,603. The stock has a market cap of $2.51 billion, a P/E ratio of -21.57 and a beta of 3.25. 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 business’s 50-day moving average is $90.16.

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).