Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Saylor May Need More Bitcoin Sales to Support STRC

Guavy AI Editorial Team
Instruments
BTC
Share

Michael Saylor's company, Strategy, has been selling Bitcoin to buy back its own preferred stock, STRC. The latest sale saw 1,690 BTC sold for $108.6 million, with the funds used to purchase 1,152,020 STRC shares.

Despite these efforts, STRC continues to trade below its stated value of $100. According to Peter Schiff, a Bitcoin critic, Saylor may need to sell even more Bitcoin and MSTR shares to support STRC's price.

Schiff has been warning about this situation for months, stating that the growing gap between Strategy's market value and the value of its Bitcoin holdings could lead to pressure on the company to sell BTC and buy back its shares.

More on Crypto

Crypto 1m ago

Optimism Token (OP) Price Plummets as Bears Take Control

Crypto 1m ago

SUI Price Plunges: Bearish Momentum Reigns Supreme

Crypto 1m ago

Hyperliquid User Loses $550K to Fake Google Ad Phishing Attack

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy