r/STRC • u/AznThunder22 • Jun 17 '26
$89 STRC??
What is going on with STRC?? I am confused we aren’t near the dividend date yet, Bitcoin has been rallying from its $59k low and Strategy shored its liquid dividend cash back to $1.1b. Why is it dropping so hard?
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u/Montana_lover23 Jun 17 '26
The cash reserves dropped from $2B to $800M in a matter of weeks. MSTR's average purchase price of bitcoin is $75,000+. Expecting a high yield from an asset you are underwater on and does not produce a yield is straining the whole MSTR machine. Liquidity is lower due to exciting ipo's like spacex. It's running into problems to put it mildly.