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Just noticed: STRC has risen back to the face value of $100.
This is an interesting move, considering that Strategy apparently plans to increase its Bitcoin holdings in the upcoming phases.
The market movement suggests that investors are taking the project and its long-term Bitcoin accumulation strategy seriously.
A decline to the face value alongside an announcement of further Bitcoin purchases is the classic signal observed with institutional players.
If the next phase of Bitcoin buildup is actually released, it could draw attention back to the token.
It will be interesting to see how this develops in the coming weeks.