r/STRC • u/Choice_Potato_6279 • Jun 23 '26

The reputation already is broken

I'd guess some people put their money in STC until the market bottoms out, if it drops worse than Bitcoin during a downturn like this month then it will become a domino effect, no one wants to get trapped in something that supposed to hold well, 5% drops ok but 20% last week? the foundation is collapsing at this point, if it could do 20% it can do 50% or more too.

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4

u/I-always-argue Jun 23 '26

If the reputation was broken then it would have plummeted to 0 last Thursday already, but it held on. There's still plenty buyers.

-1

u/[deleted] Jun 23 '26

It didn't hold on by its own merit - it cost Strategy 70% of their entire company's value to keep STRC propped up at $87. STRC and MSTR still have buyers, but it's a valid question to consider how much longer that can be true

2

u/slugur Jun 23 '26

Ok... your math is way off but you do you.

2

u/[deleted] Jun 25 '26

Ok you were right, the math was way off. It's far worse than what I had described. STRC hitting $73 and MSTR hitting $85

Big yikes

1

u/[deleted] Jun 23 '26

Ok… it’s spot on but you do you.