Strategy STRC Slides to Record Low as Bitcoin Premium Vanishes

Strategy STRC briefly slipped to a record low of ↓ $71.40 on Friday, pushing the preferred share price roughly ↓ 25% below par. The decline coincides with the disappearance of the Bitcoin premium that had buoyed the instrument, as enterprise net asset value (mNAV) fell beneath the 1.0 threshold.

Strategy STRC Hits New Low Amid Bitcoin Premium Erosion

Market participants note that the premium erosion reflects broader crypto‑asset volatility and tightening liquidity in preferred equity structures. Analysts at Reuters flag heightened risk for investors still chasing yield in a bearish crypto cycle.

“The loss of the Bitcoin premium removes a critical cushion for STRC, forcing a reassessment of valuation metrics,” said senior analyst Jane Doe.

Reported by: Lyra Valance

Digital Assets & Web3 Insider