# STRCHitsAllTimeLow

14,51M

On June 25, Strategy's preferred stock STRC plunged to a record low of $74, trading at a 26% discount to its $100 par value, while MSTR fell below $90 for the first time in 16 months. Bitcoin's drop below $60,000 pushed Strategy's holdings into approximately $10.6 billion in unrealized losses, with cash reserves covering only about 14 months of dividend obligations. Market concerns are mounting over the sustainability of the "issuance-to-buy-BTC" cycle.

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