STRC interest pressure is beginning to show, MicroStrategy's BTC accumulation machine is going to slow down, but a 10% debt ratio is not enough to panic.

CoinWorld news: Jiang Zhuo’er said that Strategy’s preferred stock STRC has fallen to $73, reflecting market panic. Strategy issuing common stock when its mNAV is below 1 counts as high-cost financing. Over the past three weeks, Strategy raised funds through equity issuance—buying 1,500 BTC in the first two weeks, but reducing its BTC purchase amount to 520 BTC in the third week, with most of the funds used to pay STRC interest. Strategy’s short-term strategy has shifted to prioritizing the payment of STRC interest, and in the coming months the pace of accumulating BTC may slow down or stop. Since STRC has no forced liquidation mechanism, and Strategy’s debt ratio is about 10%, the probability of a “blow-up” event is relatively low.