Michael Saylor's STRC stock has made headlines this week as its implosion gained momentum amid the ongoing crypto market weakness. The Variable Rate Series A Perpetual Stretch Preferred Stock plunged from the par level of $100 to a record low of $72.60.
Strategy's preferred stock offers a 12.9% yield at $89, with a likely reset to 13.5% and strong asset coverage. STRC's price dislocation is driven by forced selling and options market dynamics, not deteriorating fundamentals or Bitcoin weakness. Strategy is incentivized to defend STRC's par value via dividend increases, supported by a 3.1x BTC rating and $54.5B in assets.
Strategy Inc. (Nasdaq: STRC) begins paying dividends twice a month in July, and a 100-share position stands to earn $96 across the two payouts, according to Finbold's analysis on June 17.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Daniel Guy Ethos Financial Group LLC | 7,530 | $750,062.49 | $655,637.1 | -$94,425.39 | -12.59% |
| Transportation Infrastructure Industry | Industrials Sector | Benjamin G. Wolff CEO | NASDAQ (NMS) Exchange | 594972853 CUSIP |
| US Country | 161 Employees | 31 Jul 2026 Last Dividend | 6 Jul 2023 Last Split | 27 Sep 2021 IPO Date |
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