Strategy's STRC Preferred Stock Hits Record Low, Closing at $89
The STRC preferred stock closed at $89 on Wednesday, marking an 11% decline under par and potentially the lowest price since its issuance in 2025.
Editorial Staff
1 min read
Updated 2 days ago
On Wednesday, Strategy's STRC preferred stock closed at $89, which is reported to be the lowest closing price since its issuance in 2025.
This closing price reflects an 11% drop below par value, raising concerns about the stock's performance.
The decline in stock value has interrupted the above-par share sales that Strategy typically relies on to fund bitcoin purchases.
Updates
Update at 05:49 UTC on 2026-06-18
CoinDesk reported The slide has paused the above-par share sales Strategy uses to fund bitcoin purchases, and it is the same stock whose dividends forced the company's first BTC sale this month.
Sources: CoinDesk