Strategy suspends STRC-funded Bitcoin accumulation after STRC drops under $100 par
Strategy has halted its Bitcoin accumulation via STRC preferred stock after failing to secure new capital since Friday, following a drop in STRC below its $100 par value. Historical episodes when STRC traded under par have coincided with 25%–40% declines in Bitcoin, and current chart patterns suggest BTC could revisit support levels near $66,000–$68,000 or, on a deeper breakdown, approach $51,000.