Strategy: STRC Preferred Stock Climbs 32.8%
Strategy $STRC preferred stock rises 32.8% to $94.55 after Saylor sold 5,200 BTC for $321 million to build cash reserves.
SourceAnalysis
Strategy $STRC preferred stock has climbed 32.8% in 42 days to trade near $94.55 after Michael Saylor sold over 5,200 BTC for $321 million to defend the security and build a $4 billion cash reserve covering 2.3 years of dividends.
Bitcoin price action at $64608.47 shows a bullish trend on the 4h chart with EMA50 support at $64033.31 and EMA200 at $63653.33, while MACD golden cross at 297.74 confirms momentum and price holds inside Bollinger bands targeting upper resistance at $65025.58; this setup supports further crypto market recovery without immediate BTC price prediction shifts.
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.
