STRC slips below par as Strategy's (MSTR) cash reserves face growing scrutiny

CoinDesk Staff

(09:10 AM UTC)

1 min read

Strategy's STRC slips below $99 as Strive captures investor attention

STRC has struggled to maintain its $100 target price, while Strategy's reduced cash reserves and dividend obligations are drawing increased investor attention.

Strategy's perpetual preferred security, Stretch (STRC), fell as low as $97.11 on Thursday as bitcoin BTC$73,675.03 slipped to the $73,000 mark.

STRC tends to face selling…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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