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Samson Mow says SATA rebound could pull Strategy’s STRC to par
Strive’s SATA preferred shares have recovered nearly 16% from their June low to about $97, prompting Jan3 CEO Samson Mow to predict that the rebound could help Strategy’s STRC return to its $100 par value. Yahoo Finance data show SATA…...
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US House passes congressional stock trading ban despite loophole concerns
The US House of Representatives has passed a congressional stock-trading ban by a 232-198 vote, sending the measure to the Senate despite criticism that it leaves existing holdings untouched. According to a statement from Representative Bryan Steil’s office, the House…...
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Strategy’s STRC tops major ETFs despite trading below $100
Strategy’s STRC preferred stock has become the largest holding in three major U.S. preferred stock ETFs, which collectively own $756 million of the security even as its price remains about 13% below its $100 par value. Michael Saylor, Strategy’s co-founder…...
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