[STRC Issuance by Strategy Nears $28.3 Billion Cap, Potentially Slowing Bitcoin Accumulation] Odaily Planet Daily reports that Delphi Digital has released a report stating that the authorized issuance cap for Strategy's variable-rate Series A perpetual preferred stock, STRC, is approximately $28.3 billion. If this cap is reached without an extension, Strategy's pace of Bitcoin accumulation may slow down. On Monday, Strategy purchased 535 Bitcoins for $43 million, with most of the funds for this acquisition raised through the sale of Class A common stock, MSTR. Currently, Strategy's market net asset value (mNAV) stands at 1.25x. Researchers noted that when mNAV is lower, Strategy uses STRC as its primary accumulation tool, whereas if mNAV expands, it may acquire Bitcoin through MSTR sales. Strategy holds $2.25 billion in cash reserves, with its next major cash obligation due in September 2027. (Cointelegraph)