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90 sats \ 13 replies \ @0xbitcoiner OP 25 Jul \ parent \ on: Strategy prices 5X oversubscribed $2.47 billion STRC offering Stacker_Stocks
... at 9% monthly?
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32 sats \ 12 replies \ @BlokchainB 25 Jul
Yes but can change at the will of MSTR
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49 sats \ 11 replies \ @0xbitcoiner OP 25 Jul
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?
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33 sats \ 10 replies \ @BlokchainB 25 Jul
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
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51 sats \ 7 replies \ @0xbitcoiner OP 25 Jul
That’s how I understood it, but Macoy31 wasn’t saying that, was he?
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69 sats \ 6 replies \ @BlokchainB 25 Jul
I think Macoy31 is an AI chat bot looking to milk sats. That is why he is outlawed. His responses have no flair
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59 sats \ 2 replies \ @0xbitcoiner OP 25 Jul
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.
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0 sats \ 2 replies \ @Macoy31 26 Jul outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
22 sats \ 1 reply \ @BlokchainB 25 Jul
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.
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0 sats \ 0 replies \ @Macoy31 26 Jul outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.