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.