SpaceX Option🚨Breaking News:
$Microstrategy Inc Pref Shares STRC 9.0 Perp(STRC.US) just plummeted to $84.
Despite continuous dilution of $Strategy(MSTR.US) shareholders, STRC is still far from its $100 peak and is only continuing to slide.
This means one of two possibilities.
1. Either the market expects Saylor to sell a large amount of MSTR stock, directly injecting billions of dollars into cash reserves.
2. Or the market believes he has only one option left: sell Bitcoin.
More MSTR dilution alone can no longer bring STRC back to its $100 peg level.
MSTR also fell below $100 today, the first time since March 2024.
Strategy first sold Bitcoin in late May, solely to pay STRC's dividend, and its market program has been suspended.
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