Strategy's STRC Falls to $91.79 as Strive's SATA Widens Lead to $8.20
Updated
Updated · CoinDesk · Jun 16
Strategy's STRC Falls to $91.79 as Strive's SATA Widens Lead to $8.20
3 articles · Updated · CoinDesk · Jun 16
Summary
$91.79 marked STRC's third-lowest close since its July 2025 launch, leaving Strategy's preferred stock nearly 8% below its intended $100 par value.
Bitcoin near $65,000 and roughly 50% below its October peak has weighed on STRC, while Strategy's dividend cushion has shrunk to about seven months after repaying $1.5 billion of convertible debt.
SATA traded at $99.99, creating a record $8.20 gap over STRC as investors favored its roughly 13% yield, daily dividends and debt-free capital structure.
STRC's yield has risen to about 12.53% at current prices, and the market appears to be signaling that Strategy may need to raise the dividend by around 100 basis points to pull the shares back toward par.