MSTR Stock: Strategy Interest Costs Are About To Rise; How Low Can Bitcoin Whale Go?

Strategy (MSTR) should have some good news for holders of nearly $3 billion in preferred stock on Friday — but not for holders of MSTR stock, and maybe not for the bitcoin price. The dividend rate it pays out on its biggest preferred stock issue under the ticker STRC is set to rise to either 10.75% or 11%, up from…