STRC Preferred Stock at Risk From Prolonged Sideways Market

Cryptoquant CEO Ki Young Ju warns that Michael Saylor's Strategy faces risks from a prolonged sideways market in Bitcoin, not a crash. STRC preferred stock has recently fallen to around $85 as Bitcoin hovered near $64,000 in June.

Saylor's strategy uses proceeds from STRC to fund Bitcoin purchases, holding over 846,000 BTC, making it the largest corporate holder. The key risk is that a dull market could undermine STRC's stability and investor appetite.