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But we saved everything 🙂.
Laura Shin questions the leadership structure at Strategy, emphasizing that decision-making is concentrated in one individual. She notes that a week ago STRC bonds slipped below par, and now the entire capital stack is underwater, with MSTR trading at a two-year low.
Last week, Shin reported that Strategy's STRC bitcoin-backed preferred stock continued to trade below its $100 par value, with recent company actions failing to boost prices (article). She has previously tracked analyst interest in other digital assets, including Wall Street's outlook on Ethereum (article). Both developments add context to the ongoing scrutiny of Strategy’s financial health.