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MicroStrategy hints at new Bitcoin buy despite STRC stock turmoil

Market News
21 Jun 2026
UToday
View Source
Bearish
pluang ai news

MicroStrategy's executive chairman Michael Saylor signaled another Bitcoin purchase even as the company faces challenges with its STRC perpetual preferred stock, which recently dropped below $89. This decline has increased the company's dividend costs by about $53 million, causing market concerns and pressure on Bitcoin prices. Despite these financial strains and calls from analysts to abandon the STRC vehicle, Saylor remains committed to accumulating Bitcoin, raising questions about how the purchase will be funded amid the ongoing STRC crisis.

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