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

11% on June 16 to close trading at $97

OttoTrader publishedJul 16, 2026, 10:38 AM

Original source timeJul 16, 2026, 10:21 AM

UpdatedJul 16, 2026, 10:38 AM

Source publicationCoinGape

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Brief context

The part worth checking first.

What changed

The setup

11% on June 16 to close trading at $97 This drop comes as Strategy’s CEO, Phong Le, announces that Strategy will not purchase more Bitcoin until the STRC preferred stock reclaims its $100 par value MSTR Stock Price Prediction as Phong Le Says Strategy Won’t Buy Bitcoin Until STRC Hits $100 Par

Why it matters

Trader relevance

Market context around BTC can change volatility, liquidity, or sentiment. The concrete detail to watch is 11% on June 16 to close trading at $97

Trading lens

How to use it

Use this as watchful context from coingape.com. Watch whether this drop comes as Strategy’s CEO, Phong Le, announces that Strategy will not purchase more Bitcoin until the STRC preferred stock reclaims its $100 par value confirms momentum, invalidates active bias, or changes timing.

Assets

BTC

Source: CoinGape on coingape.com.

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