How STRC lost its par: The timeline behind Strategy's preferred-stock meltdown
CoinDesk· James Van Straten· Jun 20, 2026 · 1:00 PM
From a bond buyback and dwindling cash reserves to a bitcoin bear market, the sequence of events that turned STRC's par-value challenge into a marketwide debate.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories
cryptoabout 3 hours ago
WisdomTree, MoonPay team up to expand US access to tokenized money market fund
MoonPay plans to use WisdomTree’s $1.2 billion WTGXX tokenized fund as part of its stablecoin reserves while helping expand access to US investors.
Cointelegraph
cryptoabout 3 hours ago
Is there any chance left to save the CLARITY Act?
CLARITY isn’t dead after failing a key Senate vote, but with time running short and Democrats still demanding changes, its path forward is narrowing.
Cointelegraph
cryptoabout 4 hours ago
Bitcoin coils near $76.5K as US stocks rebound from Fed rate hike
Bitcoin made modest daily gains as US stocks saw upside in the aftermath of the US Federal Reserve’s first interest-rate hike since July 2023.
Cointelegraph