CryptoNeutralBlockonomi · 3h ago5/10
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STRC Slides Below Target Price but Analyst Rejects UST Claims
Strategy's preferred stock STRC declined to a record low of $82.53 before recovering to $88.65, prompting social media comparisons to Terra's UST stablecoin collapse. Benchmark analyst Mark Palmer clarified that STRC is a preferred stock without a fixed peg, making it fundamentally different from algorithmic stablecoins and immune to depegging risks.