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Benchmark Equity Research reiterates its buy rating on Strategy and maintains its target price of $570. Benchmark analyst Mark Palmer stated that STRC is not a stablecoin, but a perpetual preferred stock tool supported by Strategy's holdings of over 847000 bitcoins. Although STRC has fallen below $83, the company's strategy is to maintain its trading level close to $100. STRC's variable dividend mechanism and $1.4 billion cash reserves provide Strategy with capital structure adjustment space.