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CoinDeskcoindesk.com

Here is why Strategy's dividend-paying crypto stock is crashing to near-historic lows (opens original article in a new tab)

TL;DR

STRC, Strategy's dividend-paying crypto stock, is crashing to near-historic lows as investors shift to a competing product with better terms.

  • STRC closed at $91.79, its third-lowest since launch, below its $100 par value
  • Investors prefer Strive's SATA due to higher yield, daily dividends, and no debt
  • STRC's discount to SATA is the largest on record at $8.20

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