Strategy's STRC fails to return to $100 par for fourth month
- —STRC has remained below its $100 par value for more than 120 days
- —On Monday STRC rose to $99, on Tuesday it fell to $97
- —Strategy is buying back STRC shares instead of buying BTC
- —Strategy shares fell 7% after the CLARITY Act failed
Why it matters: Problems with STRC undermine confidence in Strategy's model and its ability to support the dividend instrument amid market weakness.
Source: Protos