STRC: Liquidation Cascade Hits Digital Credit

Strategy (formerly MicroStrategy) faces its first STRC depeg to $82.6, triggering a leveraged liquidation cascade rather than any fundamental failure, with the issuer’s balance sheet intact and dividends sustainable for decades even at modest BTC appreciation.

Traders note this marks the initial instance where STRC reached the 13.9% SATA yield mark without Bitcoin printing a fresh low, underscoring the overblown correlation narrative in the broader market. On the 4h chart Bitcoin sits at $62785.49 inside the Bollinger band, testing lower support near $62686.67 while the EMA50 at $64616.79 and EMA200 at $69054.99 cap upside; the MACD death cross at -402.05 keeps momentum bearish yet RSI at 35.97 leaves room for stabilization before any deeper move.