Expectations heat up for STRC's return to the hundred-dollar peg, and related contracts on trade.xyz have reached their position limit.

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Mars Finance News, June 29 - After the announcement of Strategy's "Digital Credit Capital Framework," both MSTR and STRC saw a significant rebound. Among them, STRC is currently reported at $81.696, and expectations for a return to the $100 anchor are rapidly heating up. As of press time, the STRC perpetual contract on trade.xyz has reached its maximum open interest limit. STRC is a preferred stock issued by Strategy to raise funds from the market for buying Bitcoin, with a face value roughly anchored to $100, paying relatively high dividends, and the dividend rate is adjusted based on price conditions, with the goal of keeping it as close to face value as possible in trading. The significant deviation of STRC from its anchor indicates that the market demands higher yields and also reflects a decline in investor confidence in its credit/dividend stability.
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