Michael Saylor Responds To Scrutiny As Strategy Shares And STRC Hit 52-Week Lows

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Michael Saylor responded to the deepening selloff in Strategy’s stock and preferred shares Friday with a statement on X.

“Volatility tests every capital structure,” Saylor wrote. “Strategy remains focused on Bitcoin, disciplined capital allocation, credit quality, and long-term value creation. We appreciate our investors and will continue to execute with transparency and resolve. $MSTR”.

The tweet landed as MSTR shares and STRC, Strategy’s variable-rate perpetual preferred, both hit 52-week lows. MSTR has shed more than 80% from its all-time peak. STRC, which carries a par value of $100, traded near $74 — a 26% discount. When preferred shares trade below par, the…