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Guavy AI Editorial TeamSentiment: -2Clout: 82

Strategy Boosts STRC Dividend Amid Market Volatility and Bitcoin Losses

Strategy, a leading cryptocurrency-focused investment firm, has increased the dividend on its perpetual preferred stock, STRC, to 11.50%. This move is part of an effort to maintain price stability and attract buyers amidst market volatility.

The company's common stock, MSTR, has been facing significant pressure due to Bitcoin's decline in February. The correlation between the two remains strong, with Strategy holding a substantial amount of Bitcoin on its balance sheet.

As of mid-February, Strategy holds 717,722 BTC at an average cost of $76,020 per coin, resulting in an unrealized loss of around $6.5 billion. This marks the eighth consecutive month of losses for MSTR.

Executive Chairman Michael Saylor has been actively engaging with investors and the market through social media platforms. Recently, he posted 'The Turn of the Century' on X, which some interpret as a signal for potential new Bitcoin purchases. If this is the case, it would not be the first time Strategy has made such an announcement following a similar post.