From a bond buyback and dwindling cash reserves to a bitcoin bear market, the sequence of events that turned STRC’s par-value challenge …
STRC
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Strategy’s STRC preferred stock has fallen as much as 17% below its $100 par value, prompting Arca Chief Investment Officer Jeff Dorman …
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Scams
Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy’s STRC Plunge
by shayaanby shayaanIn brief Strive CEO Matt Cole called Thursday’s preferred equity performance the “most difficult day ever” for digital credit products. Strive’s SATA …
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Most people holding Strategy’s 11.5% dividend-paying STRC, are making a strange bargain with the company; that on monthly snapshot days, the stock …
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Smart Contracts
Strategy Shares Fall to 4-Month Low as STRC Dips and Bitcoin Sinks Under $60K
by shayaanby shayaanIn short Shares of Strategy tumbled to a four-month low on Friday, and key preferred stocks fell again. Benchmark-StoneX analyst Mark Palmer …
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STRC, a dividend-paying preferred stock that Strategy (formerly MicroStrategy) founder Michael Saylor has outrageously promoted as a competitor to high-yield bank accounts, …
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Finance
STRC Falls Below $97 as Latest Bitcoin Sale Challenges MicroStrategy’s Capital Turbine
by shayaanby shayaanMicroStrategy sold 32 Bitcoin ($BTC) between May 26 and May 31 to help fund dividends on its preferred stock, its first such …
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Finance
Strategy STRC Pays Farmer’s Father 11.5% Yield, Critics Call It a Bitcoin Bait and Switch
by shayaanby shayaanA farmer’s son posted online that his father received 0.96% more Strategy STRC shares in a single day, and X posts like …
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STRC has struggled to maintain its $100 target price, while Strategy’s reduced cash reserves and dividend obligations are drawing increased investor attention. …
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DeFi
Pendle Deepens Strategy Stake, Holds 2.45 Million STRC Shares in Non-Custodial Market
by shayaanby shayaanPendle, a decentralized finance (DeFi) protocol specializing in yield tokenization, has announced a significant position in Strategy’s perpetual preferred stock, STRC. According …