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Strategy's STRC Preferred Stock Hits Record Lows as Leverage Cascade Deepens - "The Defiant"
Strategy's STRC preferred stock hits record lows near $73-78, down 25% from $100 par. Crypto analyst Croesus identifies the selloff as a leverage cascade, not a fundamental failure. June 30 dividend decision looms.
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coindesk.com
Strategy’s STRC slump is not a Terra repeat, Benchmark says
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.
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decrypt.co
Bitcoin Plummets Lower as Strategy's STRC Dives Further From $100 Mark - Decrypt
The price of Bitcoin rapidly fell to nearly $58,000 after Strategy's STRC preferred shares notched a new low and MSTR fell alongside.
