This STRC Depeg May Be Exactly What Was Supposed to Happen

STRC falls to $85.32 as traders compare its 11.5% dividend with SATA’s 13.9% yield and Strategy’s Bitcoin reserve. Strategy STRC preferred stock fell to $85.32, marking its lowest reported level since launch. The drop placed the security well below its $100 par value. The move has raised questions about whether the market is simply repricing…