Strategy’s STRC Preferred Stock Sinks to Around $89, Roughly 11% Below Par

Strategy's STRC preferred stock fell to around $89, roughly 11% below its $100 par, near record lows, as investors rotate toward higher-yielding rivals like Strive's SATA and a weaker bitcoin price and cash-reserve scrutiny pressure the par-dependent financing model. The post Strategy’s STRC Preferred Stock Sinks to Around $89, Roughly 11% Below Par appeared first on Unchained.