STRC's ongoing de-pegging has been heavily criticized by KOLs, and it is expected that Saylor will sell more coins again to push STRC back to its face value.

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Mars Finance News, June 18 — After opening today, STRC continued to decline, currently trading at $85.9, a single-day drop of 3.44%. In response, overseas KOLs have questioned it, pointing out that the product was heavily promoted as a safe investment suitable for families, better than high-yield savings accounts with almost no volatility. Arete Capital partner McKenna further analyzed that the market is waiting for the typical end-of-summer volatility and Michael Saylor’s Bitcoin sell-off, and predicts that Saylor will eventually sell some Bitcoin, which will push STRC back to par value, at which point the market will return to natural buying. It is reported that STRC is a preferred stock Strategy uses to finance the purchase of Bitcoin in the market, with a face value roughly anchored at $100, paying higher dividends, with the dividend yield adjusted based on the price situation, aiming to keep it trading close to face value. The significant de-anchoring of STRC indicates that the market demands higher yields and also shows that investors' confidence in its credit/dividend stability has declined. Strategy previously relied heavily on issuing STRC to finance Bitcoin purchases; if the STRC price falls below face value, issuing new STRC becomes uneconomical, effectively borrowing at a higher cost. Therefore, its "continued buying capacity" will be weakened.
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