Crypto

Why Bitcoin Titan Strategy’s STRC Is Falling to New Lows

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In 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…

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