STRC Holding Question
I’ve 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?
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