The Story
News Summary
- MicroStrategy's Bitcoin-backed preferred stock (STRC) has crashed to an all-time low below $90.
- The drop is fueled by Bitcoin's price slump and rising sustainability concerns after the company liquidated BTC for the first time since 2022 to fund dividend distributions.
Explore BTCUSD price history & advisor snapshot
These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.
Stored market data
BTCUSD price history
75941.33
+13.35% over the displayed period
Advisor Snapshot
Unlock Member-Only Insights
Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.