Strategy preferred stock STRC up more than 30% from June low

Strategy’s preferred stock STRC has risen more than 30% from its June low and was trading at around $94, CoinDesk reported. CoinDesk said Strategy’s ability to pay dividends has been strengthened through Bitcoin sales and a $4 billion U.S. dollar reserve, while STRC’s annual dividend rate has been maintained at 12%. CoinDesk added that Bitcoin holding steady above $60,000 has also been a positive factor.