Strategy's STRC trades below par as Polymarket bettors wager $23K on recovery while critics liken it to a junk bond.

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…

For the past year, Strategy has been issuing and tapping preferred securities like STRC to raise capital for additional bitcoin purchases.