🚨 **STRATEGY’S STRC HITS $99.95 — A KEY MILESTONE AFTER 165 DAYS! 📈**
🔥 Strategy’s Stretch (STRC) perpetual preferred stock has reached **$99.95**, its first time at this level in 165 days — just **$0.05 below its $100 stated value**. The move comes ahead of Strategy’s Q3 earnings call.
💡 **Why Does This Matter?**
🔹 **Near the $100 mark:** STRC is approaching its stated value, a key level for the security.
🔹 **Bitcoin funding connection:** Strategy’s policy of avoiding new STRC issuance below $100 means a sustained return to that level could reopen a potential funding channel for additional Bitcoin purchases.
🔹 **Dividend developments:** Shareholders approved changes allowing daily dividend accruals on Strategy’s preferred securities, with implementation subject to the amended terms.
🔹 **What investors should watch:** Whether STRC can sustain its price near $100, trading volume, and any company announcement about new share issuance.
⚠️ **Important:** Reaching $100 would not guarantee that Strategy resumes issuing STRC or buying more Bitcoin. The company has not confirmed a restart of STRC issuance.
👀 **Your Take:** Could STRC’s move toward $100 open a new chapter in Strategy’s Bitcoin accumulation strategy?
💬 Comment your view below!
**This is for educational purposes only, not financial advice (NFA). Always do your own research (DYOR).**
#Strategy #STRC #Bitcoin #BTC #CryptoNews #BinanceSquare
$STRC $BNB $PEPE
🔥 Strategy’s Stretch (STRC) perpetual preferred stock has reached **$99.95**, its first time at this level in 165 days — just **$0.05 below its $100 stated value**. The move comes ahead of Strategy’s Q3 earnings call.
💡 **Why Does This Matter?**
🔹 **Near the $100 mark:** STRC is approaching its stated value, a key level for the security.
🔹 **Bitcoin funding connection:** Strategy’s policy of avoiding new STRC issuance below $100 means a sustained return to that level could reopen a potential funding channel for additional Bitcoin purchases.
🔹 **Dividend developments:** Shareholders approved changes allowing daily dividend accruals on Strategy’s preferred securities, with implementation subject to the amended terms.
🔹 **What investors should watch:** Whether STRC can sustain its price near $100, trading volume, and any company announcement about new share issuance.
⚠️ **Important:** Reaching $100 would not guarantee that Strategy resumes issuing STRC or buying more Bitcoin. The company has not confirmed a restart of STRC issuance.
👀 **Your Take:** Could STRC’s move toward $100 open a new chapter in Strategy’s Bitcoin accumulation strategy?
💬 Comment your view below!
**This is for educational purposes only, not financial advice (NFA). Always do your own research (DYOR).**
#Strategy #STRC #Bitcoin #BTC #CryptoNews #BinanceSquare
$STRC $BNB $PEPE
