$82.53 Intraday Low: How STRC’s Drop Tests Michael Saylor’s Bitcoin Credit Machine
STRC, Strategy Inc.’s variable-rate preferred stock built to hover near $100, instead flirted with the basement Thursday, printing a fresh intraday low near $82.53 before clawing back to close at $88.59. Why STRC’s Wild...
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STRC’s plunge puts Saylor’s Bitcoin dividend machine under pressure
STRC, Strategy's perpetual preferred stock, traded as low as $82.61 on June 18 before recovering to $88.59, putting the security n...
Strategy Halts the STRC Share Sales That Fund Its Bitcoin Buys as Saylor’s Flywheel Stalls
Strategy has paused the at-the-market program through which it issues STRC preferred shares, after the security sank well below th...
Cryptoquant Warns Boredom Could Sink Saylor’s STRC as Strategy Insists ‘Bitcoin Keeps Working’
Cryptoquant CEO Ki Young Ju has warned that BTC’s biggest threat is not a crash but “boredom,” arguing a years-long sideways grind...
Michael Saylor Reflects on Strategy’s Bitcoin Crisis After BTC Fell Below $16K
Strategy’s bitcoin position has swelled to 846,842 BTC after surviving a dramatic 2022 crypto market downturn that put its balance...
Crypto News, June 19: Bitcoin at Risk as Strategy STRC Cracks its Peg, Microsoft Warns Windows Crypto Users, Iran Suspends Peace Talks
Bitcoin is not having a good time as Strategy STRC peg finally snapped, Iran peace talks stalled before they even started, and Mic...
Bitcoin’s ‘digital credit’ yield trade breaks below par as margin calls hit $10 billion market
Bitcoin’s emerging digital-credit trade broke below its promise of calm this week. This week, Strategy’s STRC preferred shares fel...