Cantor says Strategy's recovery hinges on restoring STRC to par
CoinDesk·
60-second summary
Cantor Financial Institution emphasizes that Strategy's recovery heavily relies on restoring its preferred shares, STRC, back to par value of $100. Repeated management actions are expected to support both preferred and common shareholders, with this key milestone crucial for restarting Strategy's capital engine and driving long-term growth and stability in the market.
Bringing Strategy's preferred shares back to $100 is key to restarting Strategy's capital engine, the bank said, with repeated management actions expected to support both preferred and common shareholders.