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MicroStrategy plans to restore the price of its digital credit product, $STRC, to $99–$100 and reiterates that it has no intention of issuing it below par value.
During its second-quarter earnings call, MicroStrategy stated that the company plans to restore the price of its digital credit product, $STRC, to the $99–$100 range through strategies such as U.S. dollar reserves, the liquidation of Bitcoin, buybacks, dividend management, and prudent issuance.The company also reiterated that it does not intend to issue $STRC at a price below par value, citing lessons learned from 2022 and 2026, as well as the $STRC decoupling event on June 26.
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Source：X@saylor · Source Link
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