MSTR: STRC Crashes to $84 on Dilution Fears
MSTR drops below $100 while STRC hits $84, signaling possible Bitcoin sales from 847363 BTC holdings amid paused ATM program.
SourceAnalysis
MSTR shares slipped below $100 for the first time since March 2024 while STRC plunged to $84, erasing any chance of returning to the $100 peg despite repeated dilution.
Strategy already sold Bitcoin in late May to meet dividend obligations and has since paused its at-the-market program, leaving the market to price in either a massive equity raise or outright BTC liquidation from the 847363-coin reserve now valued at $53 billion.
With price testing lower Bollinger support at $61512.77 while RSI(14) sits at 29.59 in oversold territory, the bearish death cross in MACD and location beneath both EMA50 at $63669.38 and EMA200 at $68011.29 confirm sustained downside pressure that aligns with fresh Bitcoin selling risk priced into MSTR and STRC. BTC price prediction models now incorporate this liquidation overhang as crypto market crash fears resurface.
Bull Theory
@BullTheoryioResearch, Trades, onchain plays and all other crypto stuff simplified.Publishes institutional-grade cryptocurrency research and blockchain market intelligence. Delivers in-depth analysis of on-chain metrics, tokenomics, and decentralized finance (DeFi) ecosystems. Features proprietary data models, investment thesis breakdowns, and macro-level crypto trend forecasts. Provides strategic insights for sophisticated investors navigating digital asset markets. Maintains rigorous methodology in fundamental and technical analysis across crypto assets.
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