Above par the ATM prints and coins fall. Below par Strategy retires STRC claims. BMNP's coupon is an ether-treasury problem, not a bitcoin one.
Other Strategy preferred series exist. They are not rows on this terminal.
| Period | Shares | Cost | Avg | Disc. |
|---|---|---|---|---|
| Sep 14–20 | 1,771,238 | $174.0M | $98.24 | 1.8% |
| Sep 8–13 | 1,420,467 | $139.3M | $98.07 | 1.9% |
| Aug 31–Sep 7 | 1,810,885 | $176.3M | $97.36 | 2.6% |
| Aug 24–30 | 1,557,177 | $151.8M | $97.48 | 2.5% |
That STRC position is something Strive owns. It does not change SATA share count or the SATA dividend.
Redemption: 110% of stated in the first 18 months, 105% through year three, par after. ATM estimates on this page drop ether, never bitcoin.