STRC hits $100 by Sept 30th: NO 66c
At the moment, Saylor is selling BTC to fund the cash reserve (almost $5b now). When Bitcoin goes up, $STRC probably goes up with it. Will BTC go up? Yes, but I think closer to year-end, eg. October and the rest of Q4. I doubt STRC will repeg before Sept 30th. In general it should be more selling pressure the closer we get to $100.
So yes, it will re-peg. But not before Sept 30th.
NFA. DYOR.
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