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MSTR Stock Price Prediction as Phong Le Says Strategy Won’t Buy Bitcoin Until STRC Hits $100 Par

CoinGape·July 16, 2026·1 min read
MSTR Stock Price Prediction as Phong Le Says Strategy Won’t Buy Bitcoin Until STRC Hits $100 Par

Strategy (NASDAQ: MSTR) stock price dropped 0.11% on June 16 to close at $97. CEO Phong Le announced that Strategy will not purchase more Bitcoin until the STRC preferred stock reclaims its $100 par value. The condition must be met before Bitcoin buys resume.

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