STRC crashes as Strategy’s unrealized BTC losses exceed $13 billion
STRC traded as low as $73.62 on the Nasdaq today — 26.4% below the $100 price that the stock is meant to hold.
Results for Crypto, Strategy
102 stories, newest first
— Michael Saylor, MicroStrategy
Michael Saylor wants $100 STRC — the market says different
Strategy’s STRC is trading well below $100 with just one week to go until its dividend snapshot date, leaving Strategy with few options.
STRC at all-time low as Strategy loses 40 years of dividend coverage
Strategy once claimed to have seven decades of dividend coverage from its BTC holdings. Now it has only three.
— Michael Saylor, MicroStrategy
Strategy’s ‘stable’ STRC spends a lot of time below its $100 target
Between its dividend snapshot dates, holding Strategy’s STRC is risky and full of historical examples of downside volatility.
— Jack Mallers, Michael Saylor
It took Michael Saylor seven minutes to define mNAV
Jack Mallers asked Michael Saylor to explain the true meaning of multiple-to-Net Asset Value and everyone got confused.
— Michael Saylor, MicroStrategy
Saylor distances himself from STRC-backed DeFi after stablecoin wobble
Michael Saylor reposted plenty of notifications about DeFi tokens associated with STRC, but he swears reposts weren't endorsements.
Strategy shareholders approve twice-monthly STRC dividends
STRC shareholders have voted to increase the frequency of dividend payouts from monthly to semi-monthly from BTC treasury company Strategy.
— Michael Saylor, MicroStrategy
Strive’s $50M STRC bet is already underwater
Strive Inc. bought the dividend-paying STRC stock by Strategy, a supposed money-market competitor, and lost $1.8M.
— Michael Saylor, MicroStrategy
STRC tumbles as DeFi copies lose their peg
Strategy’s 11.5% dividend-paying preferred stock STRC will pay a 0.96% dividend this month, but it’s already lost 3.8% of its value.
Jim Chanos was right about Strategy — just not patient enough
Jim Chanos earned an outsized return on his hedged short-sale of Michael Saylor’s MSTR, but he should have kept holding on.