The perpetual preferred equity, STRC, of a bitcoin treasury company has reached $100 for the first time since early November, according to reports. The development may trigger more bitcoin buying. The increase in STRC price could signal renewed confidence in the company's bitcoin holdings and strategy. The price movement may have implications for the broader cryptocurrency market, particularly concerning institutional investment and market sentiment towards bitcoin-related assets.

The perpetual preferred equity, STRC, of a bitcoin treasury company has reached $100 for the first time since early November, according to reports. The development may trigger more bitcoin buying. The increase in STRC price could signal renewed confidence in the company's bitcoin holdings and strategy. The price movement may have implications for the broader cryptocurrency market, particularly concerning institutional investment and market sentiment towards bitcoin-related assets.