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Strategy still can’t get STRC back to parity

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 can’t get STRC back to parity

Strategy’s STRC, which pays twice-monthly dividends on $100/share of par value, fell from parity on May 15 and hasn’t returned.

It has been a year since Michael Saylor’s Strategy launched STRC, and the price of MSTR has declined 75% since it started trading.

Strive told shareholders that it was choosing to hold STRC instead of idle cash, a swap that has cost shareholders millions of dollars.

Michael Saylor keeps raising cash for STRC holders who’ve watched him shift his promises, so the discount below par is persisting.