According to Cointelegraph’s market analysis, Bitcoin’s price has fallen by more than 40% since STRC was launched. At the same time, STRC has slipped below par, a move that has given critics more room to challenge Strategy’s approach and has brought renewed attention to the company’s Bitcoin-related activity.
STRC’s move below par puts the BTC flywheel back in focus
The report says STRC’s decline has slowed Strategy’s Bitcoin purchases. That slowdown has become part of a broader debate over whether the BTC flywheel associated with Michael Saylor is still operating as intended.
The issue described in the report is not limited to a single price move. STRC’s fall below par, Strategy’s reduced pace of Bitcoin buying and the discussion around Michael Saylor’s BTC strategy are now being viewed together. As STRC trades under par, critics have become more vocal in questioning the durability and rhythm of Strategy’s continued Bitcoin accumulation model.