Bitcoin breaks Strategy's STRC ex-dividend date slump for the first time in six months
Crypto

Bitcoin breaks Strategy's STRC ex-dividend date slump for the first time in six months

CoinDesk·2h ago·Positive

What Happened

Bitcoin rose to $79,000 following MicroStrategy's April 15 ex-dividend date, marking the first time in six months that BTC gained in the post-payout week. STRC preferred stock recovered to $99.47 as MicroStrategy, the largest publicly traded bitcoin holder, purchased 34,164 BTC and continued leveraging its ATM program for additional accumulation.

Key Entities

BitcoinMicroStrategySTRCATM program34,164 BTC

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