Delayed · last updated 37 minutes ago
Strategy Stretch Preferred (Ondo Tokenized) Price chart
Key stats
Performance
How the price moved over each period.
Supply
490,990 STRCON circulate. No maximum supply is set.
- Circulating
- 490,990
- Total supply
- 490,990
- Max supply
- No max supply
ⓘ Circulating · Total supply · Max supply
Circulating supply: coins currently available to trade, as reported by the data provider.
Total supply: coins created so far, minus any burned. It includes locked or not-yet-released coins.
Max supply: the hard cap on coins that can ever exist. Shown as “No max supply” when the protocol sets no cap.
CryptoWave Health score
Five measurable signals. Each ring segment’s length is its weight; how full it is shows the score.
Volume is 0.94% of market cap. Thin trading; small orders can move the price.
$52.28M market cap, rank #330. Bigger is harder to push around.
100% of the total supply circulates. Little dilution ahead.
5.5% below its all-time high of $112.66.
Largest recent swing: 0.33% a day. Calm.
Describes market structure today. Not a price forecast and not investment advice.
How this score is calculated
A weighted average of five signals computed from the market data on this page. Each signal is scored from 0 to 100:
- Liquidity (25%): 24-hour trading volume divided by market cap.
- Market depth (25%): market cap, on a logarithmic scale from $10 million to $1 trillion.
- Supply (15%): circulating supply divided by max supply, or by total supply when there is no cap. More supply already in circulation scores higher.
- Distance from peak (15%): the current price compared with the all-time high.
- Stability (20%): the largest recent price swing among the 1-hour move (×3), the 24-hour move and the 7-day move (÷2.6).
Bands: 75 and above strong, 55–74 fair, 35–54 weak, below 35 fragile.
Limits: the score describes current market structure only. It is not a price forecast, an audit or investment advice, and it does not consider the team, code or token unlocks. A missing input counts as a neutral 50.
Time machine
Drag the date. See what a one-off buy or a regular buy would be worth today. Real daily closing prices, fees not included.
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What is Strategy Stretch Preferred (Ondo Tokenized) (STRCON)?
STRCON is a tokenized stock product issued through Ondo Global Markets. It gives onchain economic exposure to STRC, the Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. It is not the preferred share itself: Ondo says its tokens give economic exposure to the underlying asset, not direct title, and holders get no voting or statutory information rights.
How STRCON works
The issuer is Ondo Global Markets (BVI) Limited, a bankruptcy-remote special purpose vehicle with at least one independent director. Each token is backed by the underlying security plus any cash in transit, held with regulated custodians, and the assets are attested daily at regulated US entities. Reporting includes daily updates, monthly reconciliations and annual audits.
- Buying and selling on the platform settle instantly in a single atomic transaction, with no mint or burn fees.
- Redemption is for cash or stablecoins at the then-current value of the underlying assets.
- Direct purchases and sales require KYC, and onboarding is currently limited to institutional participants.
- The platform is designed mainly for investors outside the US, subject to jurisdictional restrictions.
STRCON supply and token design
STRCON has no fixed supply. Tokens are minted and redeemed against the underlying shares held in custody. The tokens reinvest dividends, net of withholding tax, so over time one token may represent more than one share and the token price can diverge from the share price. Live circulating supply is shown in the market data on this page.
The underlying STRC is a perpetual preferred with a stated amount of $100 per share, a variable cumulative dividend that Strategy can reset monthly, and no maturity date. It ranks behind debt and Strategy's STRF preferred, and ahead of its other preferred series and common equity. Dividends are paid only when declared by the board.
STRCON is available on Ethereum, BNB Chain and Solana. The Ethereum contract is 0xecabe1ff8a9e1dc55899cf58dac8497ece5ae84c.
Official information is on ondo.finance.
What to check before using STRCON
- Access is restricted, with onboarding currently limited to institutions and a focus on non-US investors.
- The underlying dividend is variable and depends on board declaration, so income can fall.
- STRC is subordinated to debt and other preferred stock, and Strategy's finances are tied to bitcoin prices.
- Trading generally runs 24/5 and can pause during corporate actions or when platform risk limits are hit.
- Token price can differ from the share price, and you hold an issuer claim, not shares.
Strategy Stretch Preferred (Ondo Tokenized) project profile
Token contracts
- Ethereum:
0xecabe1…5ae84c - BNB Chain:
0x71e9dc…d00c89 - Solana:
y6kSRF4i…gXondo
Always confirm links on the project's own official channels before connecting a wallet or sending funds.
Strategy Stretch Preferred (Ondo Tokenized) market analysis
With a market capitalisation of $52.28 million, Strategy Stretch Preferred (Ondo Tokenized) (STRCON) is classed as a micro-cap asset and ranks #424 of 406 cryptocurrencies with a reported market cap on CryptoWave, larger than about 0.0% of them. It accounts for roughly under 0.01% of the combined tracked market value. Micro-cap assets are thinly traded in most cases: a modest order can move the price and spreads are often wide.
Over the last 24 hours roughly $490.2 thousand of STRCON changed hands, equal to 0.94% of its market cap, which puts its trading volume ahead of about 0.0% of tracked assets. That is a quiet level of turnover, so large orders may meet limited depth. Its turnover ratio is higher than that of about 35% of tracked assets.
Price action: STRCON moved +0.28% in 24 hours and +0.87% over 7 days. It outperformed Bitcoin by 2.46 percentage points over 24 hours and by 4.46 points over 7 days. Against the median tracked coin (ahead by 2.28 points on the day and ahead by 5.37 points on the week), it has been a relative strength in recent sessions.
To overtake Unipoly (UNP) just above it, Strategy Stretch Preferred (Ondo Tokenized) would need to grow its market cap by about 0.0%; it is 0.0% larger than USDu (USDU) just below. Its market cap is under 0.01% of Bitcoin's.
Based on market data; not investment advice.
Strategy Stretch Preferred (Ondo Tokenized) FAQ
What is STRCON?
STRCON is Ondo's tokenized version of Strategy Inc's STRC preferred stock. It gives economic exposure to the share without direct ownership.
Who issues STRCON?
Ondo Global Markets (BVI) Limited issues it. Each token is backed by the underlying security held with regulated custodians.
Who can buy STRCON?
Ondo says direct purchases require KYC and onboarding is currently limited to institutional participants. The platform is designed mainly for investors outside the US.
Does STRCON pay dividends?
Ondo's tokens reinvest dividends, net of withholding tax, rather than paying them out. Over time one token can represent more than one share.
Price history
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