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STRC slips below par as Strategy’s (MSTR) cash reserves face growing scrutiny

STRC slips below par as Strategy’s (MSTR) cash reserves face growing scrutiny

5 hours ago by Crypto InsightsCrypto

Strategy’s perpetual preferred security, Stretch (STRC), fell as low as $97.11 on Thursday as bitcoin BTC$73,565.90 slipped to the $73,000 mark. STRC tends to face selling pressure during bitcoin drawdowns and in the days immediately following its ex-dividend date, as seen on Nov. 20 and… Read More

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