Bitcoin Treasury Preferred Shares Fell Below Par in June as Public Treasuries Added 7,300 BTC Net

Bitcoin treasury preferred shares faced what was described as their first major stress test in June, as public treasuries recorded a net addition of about 7,300 BTC. According to NS3.AI, two preferred share issues—STRC and SATA—dropped below their $100 par value starting June 18. STRC fell further, bottoming near $75. By July 2, STRC was trading near $87 and SATA near $97. The update also noted that neither Strategy nor Strive missed a dividend during the period.