STRC continues to plummet and faces criticism from key opinion leaders (KOL), with expectations that Saylor will once again sell tokens to drive STRC back to its face value.

BlockBeats News, June 18th, after opening today, STRC continued to fall, now trading at $85.9, with a daily decline of 3.44%. In response, overseas KOLs have raised doubts, pointing out that "the product was once heavily promoted as a safe investment for families, better than a high-yield savings account and with almost no volatility," which is simply absurd.

Arete Capital partner McKenna further analyzed, stating that the market is currently awaiting the typical summer-end volatile market and Michael Saylor's Bitcoin sell-off. At the same time, it is predicted that Saylor will eventually sell some of his Bitcoin to support STRC's return to face value, at which point the market will see a natural buying spree.

It is reported that STRC is a preferred stock used by Strategy to finance the purchase of Bitcoin in the market, with a face value roughly pegged to $100, offering a high dividend. The dividend rate will adjust based on price conditions, with the goal of trading as close to face value as possible. The significant depegging of STRC indicates that the market is demanding a higher yield, also showing that investors' confidence in its credit/dividend stability has decreased. Strategy previously relied heavily on issuing STRC to finance the purchase of Bitcoin; if the STRC price is below face value, issuing new STRC is no longer cost-effective for the company, equivalent to borrowing money at a higher cost. Therefore, its "continued buying power" will be weakened.