Benchmark said STRC's drop below $83 was a leverage flush, not a "depeg," and reiterated its $570 target on Strategy.

Michael Saylor’s firm topped up its USD cash reserve to $1.4 billion as it made its smallest Bitcoin buy since selling 32 BTC three weeks ago

Benchmark said STRC's drop below $83 was a leverage flush, not a "depeg," and reiterated its $570 target on Strategy.

Strategy buys 520 BTC and adds $300M to its USD reserve as MSTR bounces 3.5% off oversold levels mirroring February's setup.

Strategy’s Stretch doesn’t resemble the stablecoin that brought crypto to its knees in 2022, according to Benchmark-StoneX’s Mark Palmer.

Benchmark's Mark Palmer says the comparison misreads what STRC is — a dividend-paying share backed indirectly by bitcoin, not a peg waiting to break.

Strategy’s Bitcoin accumulation pace has slowed as the company rebuilds cash reserves and navigates funding constraints tied to its preferred stock offerings.

Strategy’s bitcoin bet faces pressure as BTC slides, MSTR sinks and investors reassess the firm’s leveraged treasury model.