ChainCatcher message, reported by CoinDesk: Strategy’s perpetual preferred shares, STRC, and Bitcoin’s 90-day correlation coefficient has risen to nearly 0.70, the highest level since it was launched in July 2025, weakening its appeal as a relatively stable income instrument.
This month, STRC has cumulatively fallen 23% to $76, far below its $100 par value; Bitcoin has fallen nearly 20% to below $60,000 over the same period. STRC’s current annualized dividend yield is 11.5%, and its trading below par value limits Strategy’s ability to raise additional funding through share issuance to buy Bitcoin.
This month, STRC has cumulatively fallen 23% to $76, far below its $100 par value; Bitcoin has fallen nearly 20% to below $60,000 over the same period. STRC’s current annualized dividend yield is 11.5%, and its trading below par value limits Strategy’s ability to raise additional funding through share issuance to buy Bitcoin.