Strategy's $STRC has returned to par at $100 which allows them to issue new shares to raise capital for $BTC purchases. In March, STRC traded >$100 for 10 days ahead of the ex-dividend date and in that time BTC rallied from $65k to $74k, dumped, then rallied again from $66k to $74k. If we see sustained demand for STRC at $100 over the next ~9 days then demand from Strategy should provide positive underlying momentum for bitcoin. It is important to note though that this demand is concentrated within regular US trading hours, and volatility is still expected due to the ongoing conflict in the Middle East.
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