STRCBullpending
Randy KirkTarget Price
$100
“So, it's just a matter of time before STRC will get back to par.”
Thesis at the time
BullishCern argues that STRC, currently trading at a discount to its $100 par value, is quantitatively more secure than comparable offerings from Strive and should return to par given Strategy's strengthened cash reserves. He frames the recent price weakness as temporary rather than reflecting the company's underlying financial soundness.
Key arguments
- STRC pays a 12% dividend with an effective yield above 13% while trading below par
- Strategy has built dividend coverage to nearly 4 years of cash, higher than ever before
- Strategy is buying back STRC itself when it trades cheap, similar to a corporate stock buyback
Counter-arguments acknowledged
- STRC dropped as low as the low-$70s during the summer liquidity crisis
- There is a risk of a renewed selling cascade if investors panic again, especially those using margin against it
Hedges and caveats (from the video)
- Host admits to not fully understanding Bitcoin
- References a 'pretty major hiccup' that occurred a few months prior
- Tax-deferred income structure requires holding until cost basis reaches zero
- Disclaimer displayed on screen (content not fully transcribed)
- Speculative discussion about potential Tesla and SpaceX merger implications
- Past performance comparisons do not guarantee future results
The call
- Date said
- Sep 13, 2026
- Current price (live)
- $99.06$0.94 below target
- Confidence
- high
- Specificity
- specific
How it resolved
- Status
- pending
Confidence Reasoning
Speaker uses certainty language ('will get back to par') and ties it to a well-supported thesis about the company's strengthened reserves, though no specific date is given.
Source
A Starling Investment Option that Pairs with Tesla Stock
Said on Sep 13, 2026Open on YouTube ↗