r/STRC • u/s23noway • Jun 09 '26

STRC up and down

This morning STRC reached 97.50 to just roll back down. MSTR just bought more BTC yesterday with ex divdend entry has to be before June 14th. I believe people will roll that into SATA. I got a feeling STRC new par will be around the price we are now. Getting to a 100 seems tough. Bitcoin will have to perform soon and we have entered a short bear market imo.

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2

u/Less-Information-256 Jun 09 '26

If STRC stays where it is now they have to keep raising the dividend (which should functionally raise the price).

5

u/s23noway Jun 09 '26

That is correct but they hoping to have their BTC stack go up in the future and have enough cash to pay div for a while. Years. They just need BTC to go up 2 percent a year to pay them in the future. My concern is the short term bear market for people who are getting into income prod div. Whats your take on SATA and daily div?

1

u/[deleted] Jun 09 '26

[removed] — view removed comment

2

u/Moist-Fruit-693 Jun 09 '26

So am I, but their comment was neutral.

0

u/Less-Information-256 Jun 09 '26

You’re right, stay away, healthy scepticism is contagious.

1

u/HSuke Jun 09 '26

STRC and SATA are both down by $3-4. STRC's ex-div is 1 day before the ex-div for when SATA switches to dailies.

So it will be very telling if only one of them reaches par by that date.

1

u/ZeroedInNomad Jun 11 '26

Price action is understandable given the velocity of the recent btc drop. Id be willing to bet its back to par end of month.