MSTR: June 30 Redemption to Trigger STRC Rebound

MSTR trades at a 43% discount to its BTC holdings worth $51 billion while market cap sits at $29 billion, with the first STRC redemption day since bi-weekly dividends arriving on June 30. Michaël van de Poppe expects swift price recovery once larger players like Jane Street lock in gains, and he urges Michael Saylor to switch to daily dividend payments to curb future cascades. The mNAV dropping below 1 for the first time since Q4 2022 marks the same extreme fear seen at the 2022 bottom. On the 4h chart BTC at $60070.94 sits inside Bollinger Bands with upper resistance at $61099.12 and lower support at $59200.92 while the EMA50 at $61547.99 and EMA200 at $66542.27 define the bearish structure; RSI at 43.64 stays neutral and MACD at -441.16 prints a bullish golden cross, pointing to a measured retracement toward the 50-EMA before any continuation higher.