🚨 Strategy risks selling $4 billion in Bitcoin or MSTR stock to get STRC back to par 🚨
Strategy may be forced to sell billions of dollars of Bitcoin or common stock to stabilize its STRC preferred shares, according to Arca CIO Jeff Dorman. With STRC trading well below its $100 par value, the company is facing mounting pressure across its capital structure.
🔑 Key highlights:
🔹️ Jeff Dorman said Strategy may need to sell around $3 billion to $4 billion in Bitcoin, or possibly MSTR stock, to get STRC back near par.
🔹️ He described the situation as a growing capital-structure problem for Strategy.
🔹️ Dorman said one likely path is continued small MSTR sales each month, though he warned that would hurt MSTR’s stock price.
🔹️ STRC recently traded as low as $82.53 before closing at $88.59, far below its $100 par value.
🔹️ Peter Schiff has also warned that STRC’s decline could eventually lead to legal trouble for Strategy.
🎯 Bottom Line: Strategy is under pressure to defend STRC, and that could mean selling either Bitcoin or its own stock.
https://coingape.com/strategy-risks-selling-4-billion-in-bitcoin-mstr-stock-to-get-strc-back-to-100-par/