In brief Strategy’s preferred stock (STRC) tumbled to an all-time low of $82.53, dragging its common shares down along with it. CoinShares’ James Butterfill said STRC’s weakness likely stems from uncertainty around how Strategy will manage fixed obligations. Benchmark-StoneX’s Mark Palmer believes Strategy will hike STRC’s dividend rate to “support the price back toward par.”…
Bitcoin (BTC) is once again approaching its yearly low near $59,000 after a failed recovery attempt left bulls unable to reclaim key resistance levels. BTC traders are now anticipating new lows for 2026 as the price drifts back toward a major support zone. However, exchange inflows from mid-sized investors across Binance and Coinbase recently dropped…
Key takeaways: Puts (sell) options dominate the June 26 expiry with net advantages of $1B to $3.4B, leaving bulls exposed. Despite Strategy buying BTC again, heavy call (buy) positioning above $72,000 will likely reinforce bearish momentum. $13 billion in Bitcoin (BTC) options open interest is set to expire on June 26, potentially giving bears fresh…
