Strategy (MSTR)Bitcoin Treasury Company, which sold privileged shares to collect funds to buy more than the largest cryptocurrency, increased the dividend on its STRC offer to attract more investors and push the price to its $ 100 target.
Tysons Corner, based in Virginie, has increased the payment of 1 percentage point to a 10% annualized, said executive president Michael Saylor in an article on Tuesday on X. Reflecting the increase, the monthly dividend for September will be $ 0.8,3333 per share.
In addition, the company said it bought an additional 4,048 BTC, bringing its total assets to 636,505 BTC.
Since its beginnings on July 30, STRC has increased by around 8% and has been negotiated nearly $ 97, just below its target price of $ 100. Once STRC reaches this level, it reaches the objective of nominal value of the strategy, strengthening price stability at the heart of its design as a high -yield and low volatility. The effective yield – the dividend divided by the STRC market price – is currently 10.3%.
Payment is supported by a bitcoin overcap of 5 to 1: for each $ 1 dividend promised on a STRC action, there are about $ 5 Bitcoin in reserve to support it.
The price target of $ 100 is crucial for the strategy (ATM) Program program. If Strc is negotiated below this level, the company cannot issue more actions via ATM to increase its Bitcoin holders.
The company also declared dividends in quarterly cash of $ 3.0556 per share for Strd, $ 2.50 per share for Strf, $ 2.00 per share for Strk. All dividends are payable on September 30 to record shareholders on September 15.
