Jun 23, 2026 12:34 PM
The record low of MicroStrategy’s preferred stock isn't a "depeg" or a failure—it’s a necessary market-driven reset. Comparing this to the Terra/Luna collapse is fundamentally wrong because STRC was never meant to be pegged to $100. This selloff is just a stress test of a model that still promises a 400% upside for investors. Are critics overreacting to a standard yield adjustment, or is this the start of a structural breakdown? What’s your take?
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