What is STRC? Information on Strategy’s Stretch 11.5% APY Stock Created by Michael Saylor
What is STRC Stock? Stretch (NASDAQ: STRC) is a preferred monthly dividend stock that Michael Saylor built as “digital capital” Why Strategy Created STRC? Strategy created STRC as a way to raise capital without relying solely on issuing new common shares. Instead of diluting existing shareholders directly, the company can issue preferred shares that: This…