BlockBeats News, June 25th: Tonight after the opening of the U.S. stock market, the price of STRC briefly dropped to $73, currently trading at $76.2 (a 25% decrease from its $100 face value). In response to market concerns about whether it is the "next LUNA," Arkham Analysis stated that STRC is a perpetual preferred stock with a dividend yield of 11.5%. It requires approximately $1.2 billion in annual dividends, with a Strategy Reserve of $1.4 billion, but legally, it is not obligated to prioritize dividend payments.

However, Arkham also pointed out that the price drop reflects market worries about Saylor's ongoing dividend payments and fundraising capabilities. This situation may not directly collapse the company but could potentially have a long-term impact on investor confidence and financing.