On June 29, MicroStrategy Inc. Perpetual Stretch Preferred rose 8.06% in pre-market trading, trading at $81.4/share, with turnover of $7.55 million. The stock is rebounding from its recent low of $73 as the market digests clarification that STRC carries no forced liquidation risk.

On the news front, Arkham analysis explicitly stated that as a perpetual preferred stock, Strategy has no legal obligation to prioritize dividend payments, directly countering market panic that compared the instrument to the next LUNA. STRC carries an 11.5% dividend rate requiring approximately $1.2 billion annually, while Strategy holds $1.4 billion in reserves. Although no forced liquidation threat exists, Arkham noted that the stock price decline reflects market concerns over Saylors ability to sustain dividend payments and future fundraising capacity.

Additionally, Bitget has listed STRC perpetual contracts settled in USDT with up to 20x leverage, potentially increasing trading liquidity. The stock had previously traded at a discount exceeding 25% to its $100 par value, and the current rebound appears driven by short-term oversold recovery following the release of extreme bearish sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)