#STRC跌破面值11%創上市新低


Saylor's pref hits a fresh low
Michael Saylor's cash cow cracked. Strategy's STRC pref closed near $89, ∼11% under its $100 par, a new low since its 2025 debut.

What broke: STRC – Variable Rate Series A Perpetual Stretch – is built to hug $100 via monthly dividend resets. BTC slide + cash reserve talk pushed it down. Price print: ∼$88.59, day low ∼$82.53, with heavy turnover.

Why traders care: STRC funds MSTR's BTC buys. Under par = ATM tap shuts, BTC bid slows. Rival Strive SATA offers a higher cash yield with daily pay, pulling flow away.

Gate take:
• MSTR / BTC beta stays heavy while STRC < $95. • Watch June 30 dividend reset – CEO Phong Le floated a hike to close the par gap. • For crypto traders: less MSTR buy flow = less spot tailwind for BTC. Hedge long deltas. • Yield hunters: 11.5% run-rate at $89 = ∼13% cash yield to par, but mark risk is real.
Bottom line: STRC must reclaim par to restart the BTC flywheel. Until then, trade risk-off, respect vol, wait for the dividend fix.

#STRC #MSTR #BTC
BTC0.20%
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Ai_Power
· 1h ago
LFG 🔥
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Ai_Power
· 1h ago
To The Moon 🌕
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not_queen
· 1h ago
To The Moon 🌕
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not_queen
· 1h ago
2026 GOGOGO 👊
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GateUser-60d11443
· 1h ago
To The Moon 🌕
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GateUser-60d11443
· 1h ago
To The Moon 🌕
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