On June 25, Strategy’s preferred stock STRC crashed to a shocking all-time low of $74 — trading at a massive 26% discount to its $100 par value!


Meanwhile, MSTR dipped below $90 for the first time in 16 months as Bitcoin fell under $60K. Strategy’s Bitcoin holdings are now sitting on ~$10.6 billion in unrealized losses, with cash reserves only enough to cover dividend obligations for about 14 months.
The big question on everyone’s mind:
Is the “issuance-to-buy-BTC” cycle still sustainable?

#STRCHitsAllTimeLow
BTC0.82%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned