Key facts
- Strategy's STRC stock has fallen to a record low.
- The stock is trading near $87.
- The stock is approximately 13% below its $100 target.
- Strategy's preferred stock closed at $89.
- The preferred stock is an 11% discount to its $100 par value.
3 storiesEquities & FundsMega-cap stocks (Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, Tesla)Stock buybacks & share repurchases
Strategy's STRC Stock Hits Record Low Amidst Bitcoin Buying Concerns
IN SHORT
Strategy's STRC stock has hit a record low, trading near $87, approximately 13% below its $100 target. This decline has raised concerns about the company's strategy to acquire Bitcoin using new share issuances, leading Strategy to pause its at-the-market program. Retail investors, who hold $8.8 billion in the stock, are in a precarious position as the preferred stock closed at $89, an 11% discount to its $100 par value.
Key Numbers
$8.8Bretail investor holdings in STRC stock
$89STRC preferred stock closing price
11%discount of preferred stock to par value
$100STRC target valuation and par value
$87current STRC stock trading price
13%STRC stock trading below target valuation
Who's Involved
Strategy
company whose STRC stock is experiencing a record low
STRC
stock symbol for Strategy's shares
Michael Saylor
stated AI was instrumental in designing STRC
retail investors
hold $8.8 billion in STRC stock
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