Strategy: Pauses STRC Issuance, Cuts BTC Buys

Strategy will likely pause further STRC issuance and buy less BTC after June 26 unless Treasury yields reverse or the dividend rises, ending its position as the dominant marginal buyer of Bitcoin in 2026.

Price at $64366.73 sits below the EMA50 at $64801.74 and far under the EMA200 at $69157.19, confirming the bearish trend structure while the MACD death cross at -62.4 reinforces downside momentum; with RSI at 44.05 remaining neutral and price still inside the Bollinger band between $63853.72 support and $67363.71 resistance, a test of the lower band appears probable before any sustained recovery.