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Bitcoin must drop 83% for Strategy's STRC preferred stock to match bitcoin reserve value.

Market News
04 Sep 2026
Bitcoin
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Neutral
Bitcoin must drop 83% for Strategy's STRC preferred stock to match bitcoin reserve value.

Strategy Inc. revealed that bitcoin would need to fall 83% from current levels to reach the $13,136 price threshold where its STRC preferred stock's modeled bitcoin reserve value equals its debt and preferred claims. This BTC Rating is an internal, illustrative metric showing asset coverage, not a credit rating or market price prediction. The company holds 845,050 BTC and $6.71 billion in dollar assets, using bitcoin as a core reserve to back its expanding capital structure, including preferred stocks and debt. Strategy emphasizes this model supports its long-term goal to be the largest public company with bitcoin as a reserve base, while also addressing risks and ongoing MSCI index eligibility discussions.

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