Strategy Halts Bitcoin Buying via STRC: Will BTC Drop Below $70K Again?

Strategy just hit pause on its Bitcoin buying spree — and it's all because STRC dipped below that crucial $100 par value. No fresh capital since Friday means the ATM issuance model shuts down. When STRC trades under $100, Strategy can't issue new shares efficiently without offering sweetheart deals or taking a haircut. So the funding tap gets turned off. Brutal.

Before this freeze, Strategy was going HAM — scooping up 22,337 BTC in the week ending March 15 alone, with ~$1.18B fueled by STRC sales. The week before? Another 17,994 BTC, with $377M from STRC proceeds. That's over 40,000 BTC in two weeks — roughly 6x the total Bitcoin mined in the same period. Absolute dominance.

Here's where it gets spicy. History shows that when Strategy's STRC-driven buys stop, Bitcoin tends to pull back hard. Look at January: STRC slipped below $100, and BTC dumped nearly 40% over the next three weeks. November 2025? Same setup, ~25% decline. So this latest STRC dip below par? Could signal another near-term BTC correction incoming.

BTC just got rejected at $76K — which lines up perfectly with the upper boundary of its current bear flag pattern. If this correction holds, we could see a slide toward $66K–$68K (the pattern's lower trendline support). But if that bear flag breaks down? Strap in — price could crater to as low as $51K.