Everyday Savers Bet Big on Bitcoin Giant Strategy's STRC—Now It's Falling
Key takeaways
- Since then, the Las Vegas resident has accumulated more than $400,000 worth of STRC and SATA, a similar preferred stock offered by asset manager and fellow Bitcoin treasury firm Strive.
- STRC fell as low as $82.53 on Tuesday, according to Yahoo Finance, hitting its lowest level since it debuted last year in July.
- To Saylor, STRC is a financial revolution, comparable to Apple’s iPhone moment.
Everyday Savers Bet Big on Bitcoin Giant Strategy's STRC—Now It's Falling André Beganski Thu, June 18, 2026 at 10:48 PM GMT+7 6 min read BTC-USD Strategy’s common stockholders are no strangers to volatility, but it’s a relatively new phenomenon for some of the people holding its flagship preferred equity.
When Emery Redenius, 44, heard about Stretch (STRC), the Bitcoin-buying firm’s largest dividend-paying product, the newly retired slot-machine technician told Decrypt that he bought it on day one, scooping up shares alongside its debut.
Since then, the Las Vegas resident has accumulated more than $400,000 worth of STRC and SATA, a similar preferred stock offered by asset manager and fellow Bitcoin treasury firm Strive. As Redenius settles into a new phase of life, he said he wouldn’t be surprised if he maintained his exposure for a long time.