Cantor: Restoring STRC to par value is Strategy’s top priority; it will restart the Bitcoin buying engine.

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BlockBeats news, July 6, Wall Street investment bank Cantor stated after meeting with Strategy executive chairman Michael Saylor that restoring the preferred stock STRC to its $100 par value is the company's current most important task and is key to restarting the Bitcoin buying engine and improving the capital structure.

Cantor believes that Strategy will continue to increase STRC dividend cash reserves to drive its price back to par value, and may also take measures such as stock buybacks if necessary. As STRC recovers, the company's common stock (MSTR) is expected to benefit, thereby creating conditions for subsequent equity financing to continue accumulating Bitcoin.

Previously, Strategy announced the sale of approximately $216 million worth of Bitcoin to pay STRC dividends. At the same time, JPMorgan warned last week that selling Bitcoin to pay preferred stock dividends could increase the company's risk exposure and market volatility.

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