Strive CEO says STRC, SATA selloff was leverage flush

According to Cole, strong collateral can sometimes encourage excessive risk-taking instead of preventing it.

In crypto news today (June 19), Bitcoin has fallen another -2% overnight, dropping below $64,000, with ETF flows bleeding once more, while Michael Saylor’s STRC stock continues to crash, fueling fears that Strategy will be forced to dump Bitcoin to stabilize the STRC price. Liquidations have picked up, with over $452M over the past 24-hours.. The post Crypto News Today (June 19): BTC Crashes Below $64K, Kalshi IPO Rumors Begin and G7 Leaders Target North Korean Crypto Hackers appeared first on 99Bitcoins.

STRC, Strategy Inc.’s variable-rate preferred stock built to hover near $100, instead flirted with the basement Thursday, printing a fresh intraday low near $82.53 before clawing back to close at $88.59. Why STRC’s Wild Session Matters to Bitcoin Treasury Bulls The move was not some polite tremor in the market’s teacup. STRC traded more than […]

STRC falls to $85.32 as traders compare its 11.5% dividend with SATA’s 13.9% yield and Strategy’s Bitcoin reserve. Strategy STRC preferred stock fell to $85.32, marking its lowest reported level since launch. The drop placed the security well below its $100 par value. The move has raised questions about whether the market is simply repricing […] The post This STRC Depeg May Be Exactly What Was Supposed to Happen appeared first on Live Bitcoin News.

Strategy's halted capital-raising impacts Bitcoin market dynamics, potentially increasing volatility and affecting investor confidence. The post Strategy’s preferred stock STRC trades below $90 as volume spikes appeared first on Crypto Briefing.

Strategy’s STRC preferred stock has fallen as much as 17% below its $100 par value, prompting Arca Chief Investment Officer Jeff Dorman to argue that selling billions of dollars worth of Bitcoin may be the company’s best path to easing…

Peter Schiff has accused Michael Saylor of misleading investors in Strategy’s STRC preferred stock, as the security has fallen roughly 15% below its $100 par value. In a series of X posts on June 18, the longtime Bitcoin critic argued…

The Stretch preferred fell to about $85 on Thursday, roughly 15% below the $100 it is engineered to hold, extending a record-low close and tightening one of the channels Strategy uses to fund its bitcoin buying.