Cantor Fitzgerald: Bullish on MSTR and BTC Correlation Recovery, STRC Key to Restarting Capital Engine

Cantor Fitzgerald, a Wall Street investment bank, stated that the key to Strategy restarting its capital expansion cycle lies in restoring its preferred stock, STRC, back to the $100 par value level. The bank pointed out that fixing 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 expressed greater confidence in management's plans 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 Bitcoin's price is around $61,800.

Cantor believes STRC is a foundational tool in Strategy's financing system. Its repair will drive benefits for both preferred and common stock simultaneously, further enhancing the company's ability to continue accumulating Bitcoin. Currently, Strategy has raised approximately $216 million through Bitcoin sales to fund preferred stock dividends and is expected to continue increasing cash reserves to support dividend stability. (CoinDesk)