Live updates: Bitcoin steadies below $85,000 as bond selloff pauses
Treasury yields eased from multi-decade highs and oil slipped on reports of a phased U.S.-Iran deal, with roughly $14 billion in bitcoin options set to expire on Deribit on Friday.
“Strategy is proposing daily dividends on STRF, STRC, STRK, and STRD accruing every calendar day, including weekends and holidays, and paid the next business day, with economics unchanged,” wrote Michael Saylor Friday morning.
The proposal will be put to a shareholder vote, which concludes on Oct. 28. STRC daily dividends would begin on Nov 1, while the others would commence in January.
The much-smaller Strive’s ASST$30.14·Market Closed high-yielding preferred stock SATA moved to daily dividends several weeks ago.
The Japanese yen rose as much as 0.6% to 158 per dollar, heading for its best day in more than two weeks, according to Bloomberg. Finance Minister Satsuki Katayama said President Trump shared Japan’s concerns about yen weakness and pledged coordination with U.S. Treasury Secretary Scott Bessent. The yen has weakened by about 3.5% against the U.S. dollar since Sept. 8. The two countries bought yen this summer to shore up the yen.While, the renewed threat of intervention follows comments from Bessent, who said: “I have asymmetric information. I am the house now.”