Perpetual preferred shares show strength amid market volatility

Recently, despite significant Bitcoin price fluctuations, perpetual preferred shares (STRC) have shown strong recovery, with prices rebounding close to the $100 peg.

In addition, the shares paid out dividends at an 11% annualized rate in cash, a move that has attracted significant investor attention.

Stable returns in a volatile market

In the current market environment, STRC's performance has undoubtedly boosted investor confidence. Although Bitcoin prices dropped 24% in the past month, the stable return mechanism of these preferred shares has made them stand out.

  • STRC prices rebounded close to $100.
  • Paid 11% annualized cash dividends.
  • Demonstrated resilience in volatile conditions.