Bitcoin24h $76,133.16-1.70%

Ethereum24h $2,387.59-1.95%

BNB24h $684.84-2.10%

XRP24h $1.45-7.66%

Solana24h $92.20-2.18%

TRON24h $0.3420-1.00%

Hyperliquid24h $78.58-2.16%

Dogecoin24h $0.0898-3.10%

Zcash24h $787.02-1.53%

UNUS SED LEO24h $9.48+0.86%

MSTR has lost 75% of its value since STRC began trading

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 bought STRC instead of holding ‘idle cash,’ lost over $4M

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.

The effective yield of STRC is 14% with a 28% total return on offer, yet it still cannot hold the $100 par value that Strategy intends.

After predicting a rally that didn’t arrive, Michael Saylor waited for a 52% drawdown and sold at a loss to Strategy’s BTC cost basis.