PANews reported on June 26, according to The Block, Strategy's perpetual preferred stock STRC fell to an all-time low of $74 on Thursday, a 26% discount to its $100 par value, before slightly recovering to $75.69; MSTR broke below $87, its lowest since February 2024, with a drop of more than 50% over the past month or so. STRC is the primary financing vehicle for Strategy's recent Bitcoin accumulation. Strive's perpetual preferred stock SATA fell to an all-time low near $84 on Thursday.