Every Zipp story tagged $STRC, newest first.
A June margin-call cascade on Strategy's STRC and Strive's SATA cut the leading preferred shares as much as 25% below par, yet both recovered, treasuries added BTC, and new issuers like Metaplanet…
A $1.5B debt repayment has hollowed out Strategy's reserve just as preferred dividends climb, forcing common shareholders to absorb the burden the paper was supposed to carry.
The pitch reframes MicroStrategy's dividend math as a function of Bitcoin's long-run returns, not the company's cash flow: above 3.3% annualized, the BTC capital gains cover the variable dividend in…
Saylor argues BTC appreciation above 3.3% can fund STRC dividends indefinitely, a structural claim that reframes how investors should price MicroStrategy's preferred-share dividend risk.
The headline is the $8.32B Q2 loss, but the more consequential read is that Strategy appears willing to sell into a weak tape to defend STRC's 12% dividend, removing the largest corporate bid from a…
With STRC trading at $87.79 against a $100 redemption price and $216M of BTC just sold to fund dividends, Cantor frames the preferred as the linchpin of Strategy's entire capital engine, not a side…
Strategy's perpetual preferred is paying 10% above comparable yields, and Schiff's read is that the company will have to lift the dividend or liquidate bitcoin to keep the structure funded.
Eleven of the past twelve months have been red for MSTR, with June alone down ~41%. The dilution math from STRC's debut now sits at the center of every holder's question.
A 12% monthly dividend and a path back to par are Saylor's answer to a brutal week that exposed the cost of pausing BTC buys.
The framework lets MicroStrategy actually sell Bitcoin to fund dividends and repurchases, a structural break from the old 'never sell' reflex and a sign the preferred-share flywheel is now the…
The new Digital Credit Capital Framework is the first time Strategy has formally authorized BTC monetization, with proceeds earmarked for the USD reserve, dividends and buybacks while preserving…
The 847,363 BTC treasury keeps growing while MSTR trades near multi-year lows and Ripple's CEO slams the funding model; the gap between balance-sheet conviction and equity-market reception is the…
Brad Garlinghouse points to STRC trading 25% below par as evidence that leverage-funded accumulation distorts the market he says he still believes in.
Garlinghouse called the discount a damning indictment of leverage-heavy accumulation, the sharpest public attack yet from a major crypto CEO on the strategy that defined institutional BTC buying.
The headline figure is the unrealized loss, but the structural cost is what a wider STRC discount does to the equity-at-premium flywheel that funded every prior BTC buy.
The preferred is no longer trading as a near-$100 funding instrument, it is being priced like stressed junior credit, and the mNAV premium that once let Saylor sell stock to buy Bitcoin has gone…
Brad Garlinghouse called Strategy's preferred-share machine 'financial engineering,' pointing to STRC's slide to a record low as bitcoin slipped under $59,000 and even XRP's own CEO turned bearish on…
The 90-day BTC correlation on the perpetual preferred has climbed to 0.70, the tightest reading since launch. STRC trades 24% below par and the company has begun selling BTC to cover dividends.
The bitcoin rout is no longer just hitting MSTR equity; the company's preferred-stock funding line is now trading at a discount, and analysts want liquidity rebuilt before any more BTC buys.
MSTR's mNAV has compressed to 1.05 and STRC trades at $75 against a $100 target, yet Strategy still holds the cash to cover 10 months of dividends.
CryptoSlate
WuBlockchain
CoinTelegraph
CoinDesk
TheBlock