Tech stocks drive US markets higher as bond yields retreat
Wall Street surged, led by the Nasdaq, as falling Treasury yields boosted technology shares and semiconductors.
1 h ago14 min read
STRC remains off parity four months after $100 peg broke
Strategy's STRC fell back to $97 after touching $99, still below its $100 peg over four months later.
16/09/2026 15:294 min read
More than 120 days—four months—have passed since Strategy's dividend product STRC first dipped below its $100 peg. Company executives declared restoring it to $100 their topmost priority.
Since that moment, STRC has not, even momentarily, returned to that level.
However, this week Strategy was continuing a notable shift—buying back STRC shares instead of bitcoin—and STRC appeared on the verge of recovery, climbing to $99 on Monday.
But the uptick did not last.
On Tuesday, STRC retreated to roughly $97. There is as yet no sign of additional company buybacks.
More STRC sellers than buyers
Despite months of share repurchases, numerous assurances, and executives citing STRC as the company's top priority, the asset has stayed well below its peg.
The failure of the CLARITY Act set back the company further, and Strategy's stock fell 7% on that day.
Meanwhile, Chairman Michael Saylor has persisted in sharing bizarre, optimistic AI-generated Bitcoin videos.
Share to
Disclaimer: this article comes from third-party media and is provided for reference only. It does not constitute investment advice. Crypto and other financial products carry significant price volatility risk, so please make your own decisions carefully.
Related articles
CoreWeave shares plunge 32% since Nasdaq 100 inclusion
CoreWeave stock has dropped 32% since joining the Nasdaq 100, with insiders selling over $600M while debt and depreciation weigh on profits.
2 h ago11 min read
Jim Cramer Reaffirms $250 Palantir Target; Average Analyst Sees $202
Cramer reaffirms $250 Palantir target; average analyst target is $202, reflecting a more cautious Wall Street consensus.
3 h ago8 min read
Nasdaq indices bounce off support, face moving average test
Nasdaq indices bounced from support but face resistance at moving averages. The 100-hour and 200-hour MAs are key.
7 h ago12 min read