SATA Rebound Boosts Hopes for STRC Return
Strive's SATA has rebounded nearly 16% from its June low to about $97, according to Jan3 CEO Samson Mow. This recovery could help Strategy's STRC return toward its $100 par value.
The rebound in SATA has erased most of the preferred stock's late-June decline, while STRC remains about 13% below par despite receiving increased demand from major U.S. exchange-traded funds.
Mow expects the two securities to move together because investors are assessing whether Bitcoin-linked preferred shares can continue funding their dividends and hold close to their stated values.