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Yes but can change at the will of MSTR
STRC will accrue cumulative dividends at a variable annual rate on a $100 stated amount per share, with an initial monthly regular dividend rate of 9.00% per annum.Did I get that wrong? Isn’t it per year?
The overall return is 9% per year paid out monthly. So if you buy one share at $100 you will earn $9 per annum to be paid out $0.75 monthly for 12 months
That’s how I understood it, but Macoy31 wasn’t saying that, was he?
I think Macoy31 is an AI chat bot looking to milk sats. That is why he is outlawed. His responses have no flair
Yeah, I’d already noticed. I tried getting him to reply, but no luck! It’s a manual bot... hahaha. Looks like the ghost items got replaced by an AI bot items.
I started down zapping it
Hahaha!
Haha wow you guys really hate it when someone tries to post something with actual thought. 😆 If Macoy31 is an AI maybe you should get trained too so your replies might actually make some sense for once. You are stacking sats just by trolling and somehow you are the ones annoyed 😂
Now if the price goes up or down due to trading on the open market that is when the interest rate will change. And that my friend is the what we call the bond market.
... at 9% monthly?