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Crypto•4 June 2026•

1 min read

MicroStrategy's STRC Preferred Stock Breaks $95 Support as Bitcoin Slides

Key Facts

1MicroStrategy's preferred stock STRC fell to $94.65, marking its first drop below $95 in three months.

2The stock decline coincided with Bitcoin tumbling to the $62,000 level.

3The market witnessed over $1.66 billion in liquidations during the sell-off.

Amid a tightening correlation between digital assets and crypto-exposed equities, the market experienced sharp selling pressure affecting instruments linked to the sector. MicroStrategy's preferred stock STRC fell to $94.65, marking its lowest level in three months. This decline coincided with Bitcoin tumbling to the $62,000 level, as the broader market witnessed over $1.66 billion in long-position liquidations during the sell-off.

This slump highlights the sensitivity of MicroStrategy’s financial instruments to Bitcoin's volatility, as the company remains the largest institutional holder of the asset with over 214,000 BTC per its latest earnings reports. In comparison to sector peers, mining stocks such as Marathon Digital and Riot Platforms saw similar declines ranging between 4% and 6% during the same period per market data, signaling a collective retreat from crypto-linked assets.

Investors are now watching for the stock's ability to reclaim broken support levels, with 0A7O.L closing at $94.65 (close June 4, 2026). Looking ahead, upcoming German inflation data on May 29 may influence global liquidity trends, while Bitcoin's stability above the $60,000 psychological mark remains the primary catalyst for restoring confidence in STRC in the coming sessions.