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Strategy's STRC Preferred Stock Hits Record Lows as Leverage Cascade Deepens

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Strategy's STRC preferred shares have hit a new all-time low this week, trading in the $73-78 range and extending a selloff that began in mid-June. The preferred shares spent months trading near their $100 par value. On June 18, the stock was at $82.60. By Wednesday, STRC dropped to a fresh… Read the full story at The Defiant

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