Strategy’s STRC Hits Record Low as Bitcoin Funding Tool Faces Bearish Bets

Strategy’s STRC preferred stock closed Wednesday at $89 after touching $88.51, a record low. OptionsCharts data showed 8,951 puts and 7,906 calls for June 18 contracts. Andre Dragosch said STRC may need a higher dividend or easier rates to return to $100.
BTC-0.88%
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