✅STRC Drop: Opportunity or Risk?

$STRC is the perpetual preferred stock of Strategy that pays 11.5% annually (monthly) for life on a $100 nominal.

Today it’s taking a hit, trading at $94.70, below par.

Many are panicking, but this preferred stock has seen several sharp drops before and always bounced back.

What does the $100 price mean?
It’s the natural level. When it exceeds $100, the company usually issues more to raise capital (typically used to buy BTC).

If you buy now at $94.70 and sell at $100 in a year:
- Dividends ≈ 12.15%
- Capital gains ≈ +5.6%
- Total approximate: +17.8% in 1 year

If the price drops further (previous scenarios):

- At $93.00 → +19.9% total
- At $90.55 → +23.1% total
- At $88.50 → +26.0% total

The current discount gives you a higher dividend than the official 11.5%.

The instrument is maturing, and many investors are using it to capitalize on the discount + dividends.

Risk: The price could keep dropping, and the dividend isn’t guaranteed.

What’s your take on this #Strategy instrument?

#STRC #Bitcoin