Cantor: Restoring STRC Face Value Is the Key to Strategy Restarting Bitcoin Acquisition Engine

TechFlow news, July 06: According to CoinDesk, Wall Street investment bank Cantor released a report after meeting with Executive Chairman Michael Saylor, stating that Strategy (MSTR)'s current top priority is to restore the STRC preferred stock to a $100 par value, which is core to restarting the company's Bitcoin acquisition engine and stabilizing the capital structure. Cantor analysts expect management will continue to increase cash reserves to cover STRC dividends (currently increased from about 10 months to an 18-month coverage period), and may initiate buybacks if necessary.