MSTR Falls 10.4% as Strategy Declares November STRC Dividends
- —MSTR dropped 10.43% to $135.51 from a $151.29 close
- —Conditional November STRC dividends set at $1 per share from November 2
- —Shareholders vote on daily dividend frequency on October 28
- —Cantor Fitzgerald lifted its MSTR target to $208 from $186
Why it matters: MSCI index removal could trigger roughly $2.8 billion in selling, while the shift to daily dividends adds pressure on Strategy's cash flow.
Source: The Coin Republic