Strategy Inc stock price slips even after fresh bitcoin buy; traders eye March 15 record date
Strategy Inc shares fell 2.6% to $134.11 midday Tuesday after the company disclosed a $204.1 million bitcoin purchase funded by stock and preferred share sales. The board raised the STRC preferred dividend rate to 11.5%, with dividends payable March 31 to holders on record March 15. Strategy now holds 720,737 bitcoin, valued at $54.77 billion. Bitcoin traded down 2.1% at $67,956.