BlockBeats News, June 18th, after opening today, STRC continued to fall, now trading at $85.9, with a daily decline of 3.44%. Overseas KOLs have raised doubts about this, pointing out that the product was once heavily promoted as a secure investment for families, better than a high-yield savings account and with almost no volatility.

Arete Capital partner McKenna further analyzed, stating that the market is waiting for the typical summer-end volatility and Michael Saylor's sale of Bitcoin. He also predicted that Saylor will eventually sell some Bitcoin to drive STRC back to its face value, at which point the market will see a natural buying spree.

It is reported that STRC is a preferred stock Strategy issued to the market to buy Bitcoin, with a face value roughly anchored at $100, offering a high dividend. The dividend rate will be adjusted according to the price situation, with the goal of making it trade as close to face value as possible. The significant de-pegging of STRC indicates that the market is demanding a higher yield and that investors' confidence in its credit/dividend stability is declining. Strategy previously relied heavily on issuing STRC to finance the purchase of Bitcoin; if the STRC price is below face value, issuing new STRC is no longer cost-effective for the company, akin to borrowing at a higher cost. Therefore, its "ability to continue buying coins" will be weakened.