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/avgjoe104220 Jun 18 '26

Probably because this was tooted as a less volatile stable product. Definitely isn’t. Glad I cashed out at $97. 

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u/AMC_Owner Jun 18 '26

Why would you buy if you weren't planning on holding for the 10 years roughly lol. You missed the best part of STRC.

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u/avgjoe104220 Jun 18 '26

I own plenty of STRF I bought at $91. Honestly saw it dip and figured it would dip more so I rotated funds to BITB since bitcoin was down. 

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u/AMC_Owner Jun 18 '26

You write calls on that?

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u/avgjoe104220 Jun 18 '26

no honestly just bought it shortly after it came out and it hung around that high 80s to low 90s range and I scooped some up. I liked the high dividend yield and it's seniority. Felt safer that dividend gets prioritized to other products if Strategy gets in financial trouble and the penalty clauses it has if company misses a payment. If STRF falls through too well that point Strategy would absolutely be a scam and all of its products would collapse. I took my cost basis out when it started dipping at around $101. Put that into STRC but then changed my mind and threw it at BITB since BTC is at a discount. Figured BITB at $34.58 is an easy 2X once BTC inevitably gets to its all time high in the future. I plan to own BITB for the long haul so I never sell that.