Michael Saylor’s STRC has been off parity for five months
Despite Strategy’s attempts to bring STRC back to par, the perps have stubbornly remained below parity since May 15.
Read more (2 min) →102 stories, newest first
Despite Strategy’s attempts to bring STRC back to par, the perps have stubbornly remained below parity since May 15.
Read more (2 min) →A powerful committee adopted “non-operating company” rules that could remove Strategy from the prestigious MSCI World Index.
Strategy has burned through 64% of its $2B STRC rescue fund, leaving less than $724M after 10 weeks of buybacks.
— Michael Saylor, MicroStrategy
Strategy spent recent weeks rebuying 5,553 of the BTC it sold this summer. After selling low and re-buying high, the cost exceeds $100M.
It’s been four months since Strategy’s STRC broke parity and its execs made getting it back to its $100 peg their number one priority.
Strategy’s STRC, which pays twice-monthly dividends on $100/share of par value, fell from parity on May 15 and hasn't returned.
— BTC, Jim Chanos
Jim Chanos has called the ballooning share count at Strategy a "pure arbitrage" opportunity to bet against MSTR while staying long BTC.
It has been a year since Michael Saylor’s Strategy launched STRC, and the price of MSTR has declined 75% since it started trading.
Michael Saylor’s Strategy has sold 6,948 BTC in 2026, raising $431.8M as part of its BTC monetization program.
Michael Saylor shared a cringeworthy earnings call this week, prompting disgust from Bitcoiners sick of Strategy selling its BTC.