Binance launches $STRC
Stock, Strategy sells coins for 216 million and the stock price rises against the trend by 2%
On July 6, Binance Stocks platform officially launched Strategy (formerly MicroStrategy)’s STRC perpetual preferred stock spot trading. Users can trade this security directly through the Binance Stocks section.
On the eve of the launch, Strategy just completed a major move—selling 3,588 BTC, raising about $216 million in cash, while increasing its USD reserves to $2.55 billion. The average selling price was about $60,197, while its cost basis was about $75,476, resulting in an estimated loss of about $55.45 million.
Interestingly, the market reaction—STRC rose nearly 2% pre-market to $89.57. The market seems to interpret it as an optimization of its financial structure rather than a panic signal.
Binance said that the fully paid securities lending (FPSL) feature will be provided after spot trading is fully settled. For traders, this offers another window to observe Strategy’s capital operations.
What do you think? Is it good news or bad news?
#STRC #strategy #MSTR #币安 #代币化股票
Stock, Strategy sells coins for 216 million and the stock price rises against the trend by 2%
On July 6, Binance Stocks platform officially launched Strategy (formerly MicroStrategy)’s STRC perpetual preferred stock spot trading. Users can trade this security directly through the Binance Stocks section.
On the eve of the launch, Strategy just completed a major move—selling 3,588 BTC, raising about $216 million in cash, while increasing its USD reserves to $2.55 billion. The average selling price was about $60,197, while its cost basis was about $75,476, resulting in an estimated loss of about $55.45 million.
Interestingly, the market reaction—STRC rose nearly 2% pre-market to $89.57. The market seems to interpret it as an optimization of its financial structure rather than a panic signal.
Binance said that the fully paid securities lending (FPSL) feature will be provided after spot trading is fully settled. For traders, this offers another window to observe Strategy’s capital operations.
What do you think? Is it good news or bad news?
#STRC #strategy #MSTR #币安 #代币化股票