1 month ago
9
Key Takeaways
- Strategy’s (formerly known as MicroStrategy) preferred shares rebounded after its June 29 capital framework announcement.
- STRC recovered around 13%, the sharpest of the four preferred series.
- Bitcoin kept falling over the same window, closing June below $60,000.
- The divergence points to a company-specific catalyst, not a crypto-wide bounce.
According to Glassnode post on X, following Strategy’s June 29 Digital Credit Capital Framework announcement, its preferred shares rebounded strongly into month-end, with STRC recovering around 13%. Bitcoin, by contrast, continued to weaken and closed June below $60,000.
What the Chart Shows
Glassnode’s chart tracks Strategy’s four preferred series, STRC, STRD, STRF, and STRK, against the Bitcoin price across the first half of 2026. For most of the year, the preferreds held relatively stable near their $100 stated-amount range, with STRC and STRF tracking closest to par.
Into late June, all four dropped sharply al...
English (US)