Strategy’s STRC Attracts Bearish Bets After a New All-time Low

Strategy's preferred stock STRC hit $88.51 on Wednesday, its lowest level since the listing, before closing at $89. This 11% discount to the par value of $100 comes with a higher volume of put options than call options on contracts expiring June 18. Will Michael Saylor's main bitcoin financing vehicle withstand market pressure?

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