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STRC stretched thin 😅

STRC stretched thin 😅

The volatility of Strategy's STRC preferred stock is exposing a divide among everyday investors, as it tumbled to its lowest level since its debut.

Stephen Graves
June 18, 2026

📝 What you need to know

Everyday investors have been drawn to Strategy’s preferred stock STRC and its 11.5% annual dividend—but some experts have warned that they could be exposed if the Bitcoin treasury firm is forced to tighten its purse strings, as STRC exhibits heightened volatility.

As STRC tumbled to $82.53 Tuesday, its lowest level since its debut last July, it’s exposed a divide among savers. While some maintain faith in Strategy’s vision for “digital credit,” others told Decrypt they’ve grown anxious amid the preferred stock’s heightened volatility in recent weeks, following the firm’s recent decision to tap its cash stockpile to repurchase debt at a discount.

Everyday Savers Bet Big on Bitcoin Giant Strategy's STRC—Now It's Falling

Everyday investors that own Strategy’s STRC have been drawn to double-digit yields, but the preferred stock’s volatility has shaken some.

📰 In the News

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The proposed rulemaking establishes how U.S. crypto companies will have to screen stablecoin customers after the passage of the GENIUS Act.

CME to Sue CFTC Over Bitcoin Perpetual Futures Approval: CEO

Outgoing CME chief Terry Duffy says perpetual futures are actually swaps under Dodd-Frank, and that the exchange will file suit Thursday.

France to Phase Out Non-Quantum Encryption as Bitcoin Security Concerns Grow

French authorities said that government cybersecurity researchers will stop certifying security products that lack quantum-resistant encryption beginning in 2027.

With over 75 markets, the Myriad World Cup 2026 Contest enables users to make predictions on every single match. A prize pool of $100,000 is on offer for top traders and makers. The top three traders receive $20,000, $10,000 and $5,000 respectively.

📊 Myriad Insight of the Day

Switzerland vs Bosnia and Herzegovina: World Cup Group B

Switzerland 64%

Draw 23%

14% Bosnia

Why it matters

Both teams drew 1-1 on matchday one—Switzerland conceded a 94th-minute equalizer to Qatar despite 26 shots; Bosnia led Canada before Larin's late header—setting up a must-win Thursday at SoFi Stadium, per ESPN. Switzerland enter as Group B's favorite, but Bosnia are unbeaten in nine, having beaten Wales and Italy on penalties to qualify. Switzerland has crept up since June 12 while Bosnia dipped from 18 to 14; the draw is unchanged.

Source: Switzerland vs Bosnia and Herzegovina World Cup preview (ESPN)

Trade

🕵🏻‍♀️ Editor’s Picks

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A new National Risk Assessment names crypto-asset misuse among Ireland's top threats, as a 30-point plan tightens checks on crypto funds.

SpaceX Surge Could Be Worth Billions for FTX—Will Creditors Benefit?

Defunct crypto exchange FTX gained exposure to SpaceX in 2022, and the rocket-maker’s post-IPO rally has lifted hopes among creditors.

Nvidia Built Robots That Train Themselves Using AI Coding Agents

Nvidia has released ENPIRE, a framework that lets AI coding agents run the full loop of teaching robots new skills with no human supervision.

🥇 Be First to Market With Myriad

Join the Myriad Markets Telegram to see the latest prediction markets the second they drop!

With Myriad, the on-chain prediction market launched by Decrypt’s parent company DASTAN, you can break the news and stake the news, using USDC and points.

📚 Watch & Learn

📹️ WATCH: Crypto Down Bad After FOMC, Saylor’s STRC Problem Not Good, Illinois Passes First State Crypto Tax

🎓️ LEARN: What Is Hyperliquid? The Decentralized Exchange With Its Own Blockchain

Hyperliquid’s decentralized exchange has rapidly grown to become one of the biggest projects in crypto. Here’s how it works.

Interested in partnering with Decrypt? Find out more here.