📉💸🔥 STRC Preferred Stock Loses Par in Bitcoin Bear Bloodbath!
🔹 Strategy Corp bond buyback program collapsed — depleted cash reserves couldn't support preferred stock par value as Bitcoin bear market crushed crypto-linked portfolio holdings 🐻💀
🔹 STRC-P trading 40% below par at $60 — was guaranteed $100 redemption, now investors facing massive capital destruction as company restructures debt obligations ⚠️💸
Energy costs + crypto bear = perfect storm for overleveraged corps 🌪️⚡
When institutional FOMO meets reality 👀📚
⚡ Stay informed. Stay ahead. 📲
#STRC #Bitcoin #TradFi
@money
🔹 Strategy Corp bond buyback program collapsed — depleted cash reserves couldn't support preferred stock par value as Bitcoin bear market crushed crypto-linked portfolio holdings 🐻💀
🔹 STRC-P trading 40% below par at $60 — was guaranteed $100 redemption, now investors facing massive capital destruction as company restructures debt obligations ⚠️💸
Energy costs + crypto bear = perfect storm for overleveraged corps 🌪️⚡
When institutional FOMO meets reality 👀📚
⚡ Stay informed. Stay ahead. 📲
#STRC #Bitcoin #TradFi
@money
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