Jarrod Patten Sells 700 Shares of Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC) Stock

Key Points

• Director Jarrod Patten sold 700 shares on April 7 at an average price of $123.11 for $86,177, reducing his stake by 2.44% to 28,000 shares valued at about $3,447,080.
• STRC remained flat at $100.00 with 3,083,986 shares traded (vs. average volume 1,750,901); the 52-week range is $90.52–$100.42, market cap $2.59B, P/E -22.22 and beta 3.25.
• Strategy Inc is a bitcoin treasury company that also offers AI-powered enterprise analytics software and a range of securities to provide investors exposure to Bitcoin.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock (NASDAQ:STRC - ) Director Jarrod Patten sold 700 shares of the stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $123.11, for a total value of $86,177.00. Following the sale, the director directly owned 28,000 shares of the company's stock, valued at approximately $3,447,080. The trade was a 2.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock Stock Performance

STRC remained flat at $100.00 during trading on Thursday. 3,083,986 shares of the company's stock were exchanged, compared to its average volume of 1,750,901. Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock has a 1 year low of $90.52 and a 1 year high of $100.42. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of -22.22 and a beta of 3.25.

About Strategy Inc Variable Rate Series A Perpetual Stretch Preferred Stock

Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company's enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education).

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