Strategy's STRC preferred stock now tracks bitcoin at 0.70 correlation

Strategy Inc.'s perpetual preferred stock, STRC, is now trading in near-lockstep with bitcoin. The 90-day correlation between the two has climbed to roughly 0.70, the highest level since the instrument debuted in July 2025, according to TradingView data. STRC has shed about 23% this month to $76…