Strategy's STRC slips below $99 as Strive captures investor attention
Strategy's STRC has fallen below $99, raising concerns about its ability to maintain its target price. The company's cash reserves have dwindled significantly, covering only six months of dividend obligations. In contrast, Strive's SATA has remained stable, attracting investor interest with its daily dividend payments and strong performance.
- ▪STRC dropped to $97.11 before closing at $98.57, struggling to maintain its $100 target price.
- ▪Strategy's cash reserves have decreased to approximately $871 million, covering only six months of its $1.7 billion annual preferred dividend obligations.
- ▪Strive's SATA has remained closely tied to its $100 par value, supported by a 13% dividend yield and plans for daily dividend payments.
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MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailStrategy's STRC slips below $99 as Strive captures investor attentionSTRC has struggled to maintain its $100 target price, while Strategy's reduced cash reserves and dividend obligations are drawing increased investor attention.By James Van Straten|Edited by Jamie Crawley May 29, 2026, 9:10 a.m. 2 min readMake preferred on Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De/CoinDesk)What to know: STRC fell to $97.11 before recovering to close at $98.57, raising questions about Strategy's ability to continue using the preferred security as an efficient capital-raising vehicle through ATM issuance.
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