Opinion: Definition, Fundraising, Partial Tax Rules, and Dividend Liquidation of STRC STRC refers to the perpetual floating-rate preferred stock (variable rate, Series A) at the Strategy parent company level. Shareholder status ranks above common stock and certain debts but does not come with principal protection. Dividends are based on company credit rather than underlying asset yields and include an issuance toggle. The IPO and ATM fundraising totaled approximately $5 billion, with actual funds raised around $4.7 billion. The current dividend rate is about 11.5% and can be adjusted monthly. Exit options include the secondary market, company redemption, and fundamental change buybacks. Reserves are around $2.25 billion, sufficient to cover about 2 years of dividends, with a strong liquidation cushion. The risk lies in long-term continuity and scalability. Read the full article: https://www.(wublock123.com)/articles/article-58991