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$STRC SURGES TO $90 AS STRATEGY'S BTC LIQUIDATION FUNDS DIVIDEND ๐ฅ
STRC is trading at $90.125, up 2.57% intraday. The catalyst is clear: Strategy sold 3,588 BTC last week for $216M to cover its digital bond dividend. Their Bitcoin reserve now stands at 843,775 coins, with $2.55B in USD reserves.
This price action comes as BTC supply pressure eases โ the liquidation was pre-announced and priced in. STRC's structure is testing prior resistance as resistance-turned-support. The volume profile suggests accumulation at the $88 zone.
Are you watching STRC for a breakout continuation or expecting a retest of the support level?
Not financial advice. Always manage your risk.
#STRC #StrategyToken #Dividend #BTC #MarketStructure
๐ฅ
STRC is trading at $90.125, up 2.57% intraday. The catalyst is clear: Strategy sold 3,588 BTC last week for $216M to cover its digital bond dividend. Their Bitcoin reserve now stands at 843,775 coins, with $2.55B in USD reserves.
This price action comes as BTC supply pressure eases โ the liquidation was pre-announced and priced in. STRC's structure is testing prior resistance as resistance-turned-support. The volume profile suggests accumulation at the $88 zone.
Are you watching STRC for a breakout continuation or expecting a retest of the support level?
Not financial advice. Always manage your risk.
#STRC #StrategyToken #Dividend #BTC #MarketStructure
๐ฅ
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