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Strategy Faces $28.3B STRC Cap That May Slow Bitcoin Purchases
Delphi Digital said Strategy’s authorized STRC issuance cap is about $28.3 billion, and reaching that limit without an extension may slow Bitcoin accumulation. Strategy bought 535 BTC for $43 million on Monday, with most of that purchase funded through MSTR share sales. Researchers said Strategy uses STRC more when mNAV is low and may shift toward MSTR sales if mNAV expands.