Strive

Bitcoin recovered to $64.3K after again dipping below $63K, with buyers stepping in even as pressure hit the semiconductor sector. Market attention is now turning to the Federal Reserve’s rate decision and commentary, which could determine whether crypto resilience holds or weakens.

Strategy’s preferred stock STRC, designed to hold near $100, slipped to a low of $83 as a wave of capital structure changes and weaker bitcoin prices hit sentiment. The move has intensified debate over whether the security’s par-value target can hold under pressure.

Strategy’s bitcoin-backed preferred stock is trading well below its $100 par value, raising fresh questions about dividend coverage and investor demand. At the same time, Strive’s SATA is attracting attention with a higher yield and daily dividend payments.