Polymarket Assigns 33% Probability to STRC Reaching $100 by Dec. 31 as Price Drops Below $75

According to Bitcoin.com reporting on June 26, Strategy's preferred stock STRC trades below $75, with Polymarket traders assigning a 33% implied probability that it will reclaim its $100 par value by December 31. The market has attracted $23,722 in total trading volume, with the Dec. 31 contract emerging as the market favorite despite drawing the least participation at $2,378 in volume.

Arkham Intelligence characterized STRC as a "junk bond" ranking among Strategy's most junior obligations, noting the company has no legal obligation to guarantee its yield or redemption date. Macroeconomist Cullen Roche argued that STRC's floor rests on market confidence rather than cash flow, making recovery heavily dependent on bitcoin's price movement.