Strategy's STRC preferred stock hits a record low below par
Strategy's STRC preferred stock has fallen below its $100 par value, forcing the company to pause its program of issuing new shares to fund bitcoin purchases. This decline follows recent company moves to sell small amounts of bitcoin to cover dividend distributions.
Why it matters
The financial performance of STRC impacts the company's ability to maintain its aggressive bitcoin accumulation strategy, which is closely watched by crypto markets.
Strategy s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, closed at $89 on Wednesday, its lowest level since it launched in July 2025.
The article provides a technical financial analysis of stock performance without taking a stance on the company's strategy.
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