Cantor: Restoring STRC to $100 Par Value Is Key to Restart MicroStrategy's Bitcoin Buying Engine

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According to Cantor, MicroStrategy's immediate priority is to restore its STRC preferred stock to $100 par value, which the investment bank said is essential to restart the company's bitcoin acquisition program and strengthen its capital structure. The dividend coverage period for STRC has extended to 18 months from approximately 10 months, with Cantor analysts expecting management to continue building cash reserves and potentially pursue buybacks.
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