Strategy’s STRC nears $100 level that could reopen a Bitcoin funding channel

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Strategy's STRC preferred stock closed eight cents below its $100 stated value as shareholders approved daily dividends on four preferred securities. Executive Chairman Michael Saylor said preliminary results from the Oct. 28 vote showed 99.3% of votes cast supported the amendment, allowing the company's four US-listed preferred securities, STRC, STRF, STRK and STRD, to accrue… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in