MSTR: STRC Crashes to $84 on Sale Fears
MSTR shares fell below $100 while STRC hit $84, signaling market bets on Bitcoin sales by Strategy after May BTC liquidation and paused ATM program.
SourceAnalysis
STRC plunged to $84 as markets price in either fresh MSTR dilution or outright Bitcoin sales by Strategy to cover obligations.
MSTR itself dropped below $100 for the first time since March 2024, marking a 23-month low and an $153 billion market-cap wipeout from its peak. Strategy already sold Bitcoin in late May to fund STRC dividends, its at-the-market program remains paused, and further dilution alone is no longer viewed as sufficient to restore the $100 peg.
With BTC trading at $61184.44 and testing the lower Bollinger Band support near $61489.79, the 4-hour structure shows a clear bearish alignment as price sits below both the EMA50 at $63666.28 and EMA200 at $68010.51 while the MACD death cross at -496.15 and RSI at 29.16 confirm oversold momentum that could accelerate Bitcoin selling pressure if Strategy faces further liquidity needs.
These moves directly shape BTC price prediction models and raise fresh crypto market crash concerns as unrealized losses on Strategy’s 847363 BTC stack now exceed $11.2 billion.
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