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Strategy authorizes massive BTC sale after 52-week lows

Strategy announces unprecedented plan to sell BTC to pay for dividends and buy-back MSTR, STRC, and its other stocks.

Strategy’s STRC hit another all-time low today

Strategy’s dividend-paying STRC hit another all-time low today after losing one quarter of its value over the past 30 days alone.

STRC traded as low as $73.62 on the Nasdaq today — 26.4% below the $100 price that the stock is meant to hold.

Strategy’s STRC is trading well below $100 with just one week to go until its dividend snapshot date, leaving Strategy with few options.

Strategy once claimed to have seven decades of dividend coverage from its BTC holdings. Now it has only three.