Strategy halts Bitcoin buying via STRC: Will BTC price dip again?
Strategy often pauses BTC buys when STRC falls below $100, a setup that has previously coincided with 25%–40% Bitcoin declines.
Strategy paused its Bitcoin (BTC) accumulation via STRC preferred stock after failing to raise fresh capital since Friday, marking a notable shift after two aggressive weeks of buying.
Key takeaways:
STRC has dipped below its $100 par value, forcing Strategy to halt its Bitcoin buying spree.