Iβve been holding STRC in my Roth IRA for a few months now and reinvesting the dividends into FBTC. With the shares now regularly trading around $100, I am wondering if it makes sense to continue holding them between ex-dividend dates each month.
My rationale being that I can sell them now at par and lock in my gains per share (I bought in the mid-90s). So long as Strategy continues to hammer the ATM offering of STRC, I should be able to buy back in closer to the February ex-dividend date at the same price I sell for now. By selling now, I can also take advantage of any drop in share price over the course of a month (if any). I would plan to do this every month as the sales are not taxable.
I cannot think of a downside other than the unlikely scenario that it begins trading well above par. What am I missing, if anything?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments