https://www.axios.com/2026/03/03/lutnick-epstein-files-testify-house
Cantor Fitzgerald has announced that its primary focus is to restore Strategy’s perpetual preferred stock, $STRC, to its par value of $100. This move is seen as crucial to restarting Bitcoin purchases and achieving financial stability. The announcement follows the recent extension of Strategy’s dividend payment capacity from 10 to 18 months. Currently, $STRC is priced below par at approximately $89.30, with an effective yield near 12.88%. Market participants are observing these developments closely as they consider the potential implications for the stock’s future performance.
Key Takeaways
Cantor Fitzgerald’s statement suggests a concerted effort to elevate $STRC back to its $100 par value.
Market pricing indicates a 55% probability that $STRC will reach $100 by December 31, reflecting consistent support for a YES outcome.
