Concerns about STRC, the dividend-paying preferred stock from Strategy continue to dominate market sentiment. Major cryptocurrencies, including bitcoin and ether, extended declines for a fourth day, with broad CoinDesk indexes falling amid mounting selling pressure. Market sentiment has soured on Strategy (MSTR) and its STRC preferred stock, as investors worry the company and stressed bitcoin miners may be forced sellers after months of sub-cost BTC prices. Derivatives data show heavy long liqu…
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