Educational betaNot investment advice. Market data is timestamped and may be delayed, indicative, or vendor-restricted. Models are assumptions, not forecasts.Read policy
SYNCINGEducational beta

Source-backed STRC funding intelligence

BTCReactor

The public control panel for Strategy's STRC funding gate: state, reason, source trail, and sponsor-safe source context without investment advice.

Live answerState unavailable
Free answer
Live gate state stays public.
Sponsor/data
Partnerships stay clearly labeled and source-backed.
Boundary
No raw quote resale, no recommendations, no real-time alert promise.
Live STRC funding state

State unavailable

Required market inputs are unavailable.

Inputs missingtapepar gateBTC model
Inputs missing
STRC
Unavailable
Par gap
Unavailable
Modeled BTC
No executable BTC
Quote time
No timestamp
STRC quoteUnavailablemissing | No timestamp
BTC spotUnavailablemissing | No timestamp
STRC par$100.00fresh | No timestamp

Educational beta. Not investment advice. Market data may be delayed, indicative, or vendor-restricted. Models are assumptions, not forecasts.

Start With STRC First Reads

The sharp question is whether STRC can fund BTC today. Treasury, premium, and capital-stack context come next.

STRC ATM

Gate status, minute open/closed intervals, above-par flow, and modeled BTC.

GateSyncing
Versus parAwaiting quote
STRC yieldAwaiting quote
Open STRC Desk

Treasury

How much BTC Strategy holds and what it most recently bought.

BTC held---
Latest buyAwaiting source
USD reserve---
Open Treasury

Premium

Whether MSTR is trading rich or cheap versus the BTC it actually holds.

Current mNAV---
Premium vs parity---
BTC / share---
Open Premium

Capital Stack

How much dry powder remains and how the preferred stack is currently priced.

ATM remaining---
STRC price---
STRC yieldAwaiting quote
Open Capital Stack

Price the Treasury Engine

One shared board for the MSTR price pair, the filed treasury BTC/share, and the timestamped quotes feeding that math.

Pair surface preview

Awaiting pair inputs

Price pair = MSTR spot divided by BTC spot. Treasury BTC/share = filed BTC held divided by basic shares. Keeping those separate removes the platform mismatch.

Price sats / share---MSTR price / BTC spot
Treasury BTC / share---BTC held / basic shares
mNAV bridge---Price pair / treasury pair
BTC Spot
---Current Bitcoin price
MSTR Spot
---Current common equity price
Why this board exists: the share price only becomes useful once visitors can translate it back into BTC terms and compare that with the actual treasury.

Open the Full Platform

The homepage is the opening summary. These routes are the working boards behind it.