Cantor Fitzgerald: Bullish on MSTR and BTC Linkage Recovery, STRC as the Key to Restarting the Capital Engine
Odaily Planet Daily News: Wall Street investment bank Cantor Fitzgerald stated that the key to whether Strategy can restart its capital expansion cycle lies in restoring its preferred stock STRC to the $100 face value level. The bank pointed out that repairing the STRC price is a core prerequisite for restarting the company's Bitcoin accumulation "capital engine" and helps stabilize the overall capital structure.
After meeting with Executive Chairman Michael Saylor, Cantor Fitzgerald said it has greater confidence in management's plan to stabilize the balance sheet and restore financing capabilities. In the current market, STRC is trading at approximately $87.79, Strategy's stock price fell 3.4% to $97.34, and the Bitcoin price is hovering around $61,800.
Cantor believes that STRC is the foundational tool in Strategy's financing system. Its repair will drive benefits for both preferred and common stocks simultaneously, further enhancing the company's ability to continue accumulating Bitcoin. Currently, Strategy has raised approximately $216 million through the sale of Bitcoin to fund preferred stock dividends, and is expected to continue increasing cash reserves to support dividend stability. (CoinDesk)
