STRC drops below $83, hitting a new all-time low since listing.

STRC drops below $83, hitting a new all-time low since its listing.

Flywheel logic: Bitcoin rises → MSTR premium (mNAV > 1) → issue-share financing → buy more Bitcoin

As long as STRC’s price is ≥ $99, the ATM share issuance channel stays open, and Strategy can continue raising funds to buy coins at low cost

Risks: the flywheel reverses—mNAV contracts toward 1x, the ATM pays interest; the remaining buffer in the entire structure gets thinner and thinner. If mNAV falls below 1, there’s only selling coins to pay interest, or pausing interest payments.

Do you see opportunity or risk?

STRC-0.15%
BTC1.22%
MSTR0.86%
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