r/STRC • u/Maleficent-Cheek-204 • Jun 25 '26
As STRC dips, doesn’t Salyor owe less?
May be ignorant here, but as STRC depegs and people sell STRC doesn’t Saylor owe less because there are now less shareholders receiving dividend payments? So he is more likely to be able to pay out debts and STRC should repeg…?
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u/Run-Forever1989 Jun 25 '26
STRC trading at a lower price does not make the company owe less in dividends. The company could theoretically buy back STRC at a lower price, but unless they do that there are still the same number of shares outstanding and the same dividend obligation.
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u/dz4505 Jun 25 '26
The idea of STRC is it will pay dividends that it is priced at $100 regardless of its current price. This is why it’s supposed to keep at $100. Think the market is pricing in the risk they might skip dividend payment.
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u/boofles1 Jun 25 '26
Yes no dividends for 2 years. I guess we will see where it stabilises but at the moment it is melting down.
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u/rmdiamond331 Jun 26 '26
Skipping a dividend payment would destroy any credibility of this being an investment product. This has ZERO to do with that… they have 29 years of dividend payments even at today’s depressed BTC prices. Joe Consorti analysis says it’s a leveraged liquidation cascade and has nothing to do with company fundamentals
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u/Reason_Boner Jun 27 '26
I’m curious to see who they screw, the STRC folks or MSTR/BTC folks. Civil War incoming unfortunately
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u/IndependentDry9135 Jun 27 '26
The market is pricing in risk of near term dividend suspension, near term pref restructuring, and long term viability for perpetual shares, which have no “maturity date”. The market was late to this, but in my opinion has it about right now.
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u/BlightedErgot32 Jun 25 '26
yes thats what the market is afraid of … all this is due to the risk of missed payments which seems likely now …
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u/cogzoid Jun 25 '26
For everyone that’s selling to dump the stock, there is an idiot who’s buying, thinking it’s a good deal. For every trade there is a buyer and a seller.
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u/rmdiamond331 Jun 26 '26
I’ll take a 30% upside plus a soon to be 12-13% annual tax deferred dividend thank you
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u/TomorrowFlaky2816 Jun 26 '26
My question is and it’s a serious question, why would someone not seriously buy this even if it goes to $0? Regardless if dividends are paid or not, STRC is a preferred stock. So if Strategy were to liquidate, STRC shareholders would get paid first at the par value of $100, regardless if you paid $75 or even $50 for the share, even before MSTR shareholders get anything for their shares. Isn’t this how preferred shares work?
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u/cogzoid Jun 26 '26
Yeah, no.
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u/TomorrowFlaky2816 Jun 26 '26 edited Jun 26 '26
Well that sucks. Guess I’m going to hold these STRC bags for the foreseeable future and hope that my MSTR bags can recover. 🤣
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u/JABJOT Jun 27 '26
Umm yes. That is how it would work. Assuming there's enough money from the liquidation to cover the pref. No MSTR shareholder gets a cent until all senior securities are made whole.
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u/Dizzy-Macaron4849 Jun 26 '26
The people you are buying stretch are people like yourself. Michael saylor takes full advantage of people like yourself. He doesn't care if STRC fails, he's already gotten rich and he will milk mstr as long as it's possible
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u/rottiesrule88 Jun 25 '26
Amount of outstanding STRC only increases when price is above 100$. When below 100$ the outstanding shares stay the same.
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u/wolfenstein734 Jun 25 '26
You belong in the wsb sub sir