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Michael Saylor Says STRC Targets $99 to $100 Trading Range

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Summary

  • Michael Saylor said STRC is targeting a trading range of $99 to $100.
  • Strategy previously raised STRC's dividend rate to 12% annually.
  • STRC is a dividend-focused preferred stock designed to help fund Strategy's Bitcoin (BTC) purchases.

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Strategy founder Michael Saylor said STRC is targeting a trading range of $99 to $100.

In a post on X on July 1, Saylor wrote that "the goal is for STRC to trade at $99 to $100."

Strategy previously raised STRC's annual dividend rate to 12%.

STRC is a dividend-focused preferred stock designed to help fund Strategy's Bitcoin purchases.

Photo: Shutterstock
Photo: Shutterstock

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