Strategy’s STRC issuance is nearing the $28.3 billion cap, or slowing Bitcoin accumulation.

Golden Finance reports that on May 14th, Delphi Digital released a report stating that the authorized issuance limit for Strategy’s variable interest rate Series A perpetual preferred stock STRC is approximately $28.3 billion.
If this amount is reached without expanding the limit, Strategy’s Bitcoin accumulation rate may slow down.
Strategy purchased 535 Bitcoins on Monday for $43 million, with most of the additional funds raised through the sale of Class A common stock MSTR.
Currently, Strategy’s market net asset value is 1.25 times.
Researchers pointed out that when mNAV is low, Strategy uses STRC as the primary accumulation tool; if mNAV increases, it may obtain Bitcoin by selling MSTR.
Strategy has $2.25 billion in cash reserves, with the next major cash obligation due in September 2027.

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