
Strategy’s Variable Rate Perpetual Preferred Stock (STRC) is currently trading at $90, below its $100 par value.
Commenting on the price action, Samson Mow, CEO of JAN3, said the structure is designed with a built-in mechanism that boosts effective yield when the price falls below par. He added that this feature can help attract buyers by increasing return incentives without requiring any action from Strategy.
He also emphasized that the lower trading price does not impact dividend payments, stating that STRC continues to operate as intended.
Source: Samson Mow