STRC’s plunge puts Saylor’s Bitcoin dividend machine under pressure

📰 CryptoSlate


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AI Summary

STRC, Strategy's perpetual preferred stock, traded as low as $82.61 on June 18 before recovering to $88.59, putting the security nearly 17% below its $100 stated amount at the intraday low. MSTR fell 3.4% to $112.53 during the same session, while Bitcoin traded near $62,730, down about 2.5%. Strategy designed STRC to hover around $100 […]
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