Arkham: Strategy is not legally required to prioritize paying STRC dividends, so there is no risk of mandatory liquidation.
2026.06.25 22:53:08
After the U.S. stock market opened tonight, STRC briefly dropped to $73 and is now trading at $76.2, 25% below its $100 par value. In response to market fears that it could be the "next LUNA", Arkham’s analysis states that STRC is a perpetual preferred stock with an 11.5% dividend yield, requiring annual dividend payments of approximately $1.2 billion. Strategy holds $1.4 billion in reserves, but is not legally obligated to prioritize dividend payments. However, Arkham also points out that the stock price decline reflects market concerns about Saylor’s ability to sustain dividend payments and raise capital. This will not directly bring down the company, but may negatively impact investor confidence and financing in the long run.
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