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via Decrypt · By Decrypt Editorial
Why Bitcoin Titan Strategy's STRC Is Falling to New Lows
BTC
BTC/USDT
$62,442.01
-2.45%
$62,442.01
-2.45%
(24s)24h Volume
$18,987,916,520.79
24h H/L
$64,445.19 / $62,272.07
Change: $2,173.12 (3.49%)
Long/Short
66.3%
Long: 66.3%Short: 33.7%
Funding Rate
-0.0004%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(06:01 PM UTC)
1 min read
740 views
0 commentsIn brief
- Strategy's preferred stock (STRC) tumbled to an all-time low of $82.53, dragging its common shares down along with it.
- CoinShares’ James Butterfill said STRC’s weakness likely stems from uncertainty around how Strategy will manage fixed obligations.
- Benchmark-StoneX’s Mark Palmer believes Strategy will hike STRC’s dividend rate to “support the price back toward par.”
Strategy’s flagship…
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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