Castle US, a Bitcoin (BTC) management service, announced this week a new feature that allows individual account holders to receive part of their dividends in cash and automatically convert the remainder into Bitcoin. The dividends eligible for this are from variable rate preferred stocks 'STRC', known for their Bitcoin holding strategy.
Preferred stocks prioritize dividend payments over common stocks and typically do not carry voting rights. STRC are preferred stocks issued by Strategy with a face value of $100, and a maturity of...
