STRC Discount Widens as Strategy’s $12.55B Paper Loss Tests Saylor’s Thesis
Key Takeaways Strategy’s 847,363 BTC stash sits $12.55 billion underwater as bitcoin trades under $60,000. MSTR has fallen 78.37% since July 2025, losing far more ground than holding BTC directly. STRC trades at $82.20, pushing its effective yield to 13.99% as investors demand higher risk compensation. STRC Discount Tests Strategy’s Bitcoin Bet as Investors Demand…