Strategy's MSTR and STRC securities rebounded on Monday after one of their worst weeks on record, as investors digested Executive Chairman Michael Saylor's new capital management framework and bitcoin (BTC) steadied near $60,000.
Strategy's common shares (MSTR) climbed to around $89 during Monday's session after closing out last week at $82.31, a more than two-year low, recovering part of a five-day slide that saw the stock drop more than 30% from a June 22 high near $120.
STRC, Strategy's variable-rate perpetual preferred stock designed to trade near a $100 par value, rallied above $82 after closing Friday at $73.80, recovering some ground after falling from a June 22 high of $91.70.
Strategy MSTR vs STRC price chart. Source: TradingView
The rebound came after Strategy announced a handful of new measures it called a Digital Credit Capital Framework, aimed at regaining investor confidence, especially following the prolonged decline in MSTR and its preferreds.
