Strategy’s STRC Preferred Shares Close at $89, Lowest Since IPO, BitcoinTreasuries.NET Says

Strategy’s STRC preferred shares closed at $89, marking their lowest daily closing price since the IPO, according to a post by BitcoinTreasuries.NET on X. According to Odaily, the post said the shares’ effective yield was 12.9%. BitcoinTreasuries.NET said this was also the lowest dividend-adjusted closing price since November.