Strategy Hikes STRC Dividend to 12%, Authorizes $2B Buyback as mNAV Falls Below 1
Strategy overhauled its capital framework after its market-to-net-asset-value premium dropped below 1, signaling investors no longer trust its leveraged Bitcoin-accumulation model. The company raised its STRC preferred dividend to 12%, authorized a $2 billion buyback, and launched a monetization program, while Bitcoin ETFs shed $4 billion in a month.
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