MicroStrategy’s preferred stock hit a record low of $85 on June 18, 2026, following a Bitcoin decline to $62,000. The drop was linked to the Federal Reserve holding interest rates steady after higher-than-expected U.S. CPI data. With the U.S.-Iran war concluded, oil prices have fallen, potentially easing inflation and allowing for future rate cuts that could benefit high-risk assets like Bitcoin. SkyBridge Capital’s Anthony Scaramucci stated Bitcoin is within its cycle and could reach $70,000 by July.
The price of MicroStrategy‘s STRC preferred stock briefly fell to a record low of $85. This occurred as Bitcoin plunged to the $62,000 price level, a move likely influenced by the Federal Reserve’s decision to keep interest rates unchanged.
The company’s stock price is closely tied to Bitcoin, given its status as the largest corporate holder. According to its website, MicroStrategy currently holds 846,842 BTC, worth approximately $52.9 billion.
Bitcoin had climbed to a peak of $126,080 in October 2025. However, the market later witnessed an exodus of investors from cryptocurrencies attributed to macroeconomic uncertainty and geopolitical tensions.
Bitcoin faced another major correction after the U.S.-Iran conflict and the closure of the Strait of Hormuz. Rising inflation numbers were a direct result of high oil prices due to the war.
Oil prices have since dipped after the U.S. and Iran signed a peace agreement and reopened the strait. This development will likely lead to CPI numbers cooling off.
If inflation dips, the Federal Reserve could consider lowering interest rates. Lower rates often lead to more high-risk investments as borrowing becomes easier.
Many experts believe Bitcoin has already bottomed. SkyBridge Capital founder Anthony Scaramucci reiterated that BTC is well within its four-year cycle and anticipates the asset reclaiming $70,000 in July.
