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According to Bitcoin.com News, Strategy's internal model shows that Bitcoin needs to drop 83% to $13136 for STRC to reach 1x BTC Rating. The corresponding Bitcoin price thresholds for STRF, STRC, STRE, STRK, and STRD are $15190, $13136, $14198, $15857, and $17517, respectively. As of August 30th, Strategy holds 845050 bitcoins and $6.71 billion in assets. On August 31st, Strategy repurchased $152 million worth of STRC, allocated $30 million in US dollar cash to increase the balance to $1.61 billion, and increased its holdings of 4603 bitcoins for approximately $369.7 million, with an average price of $80318.