Cryptocurrency18 Jun 2026SEO 881 min read

Analysis: Strategy's STRC preferred stock hits a record low below par

The slide has paused the above-par share sales Strategy uses to fund bitcoin purchases, and it is the same stock whose dividends forced the company's firs…

The slide has paused the above-par share sales Strategy uses to fund bitcoin purchases, and it is the same stock whose dividends forced the company's first BTC sale this month. Strategy’s key funding vehicle, its STRC preferred stock, has fallen to a record low of $89, weakening a major channel the company uses to raise cash to buy bitcoin. Because STRC now trades below its $100 par value, Strategy has paused issuing new shares through its at-the-market program, limiting its ability to kee…

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