CryptoQuant Recommends Halting Bitcoin Purchases as Preferred Shares Plummet, Worsening Finances

Structural Analysis of the STRC Plunge

CryptoQuant, a cryptocurrency data analytics firm, in its weekly report dated the 23rd, analyzed the reasons behind the fall of Strategy's variable rate perpetual preferred shares STRC, led by Chairman Michael Saylor, which last week fell to $82.5, marking a record 17.5% discount against the face value of $100.

STRC was initially intended to trade around the $100 par level...