Bitcoin breaks Strategy's STRC ex-dividend date slump for the first time in six months

Bitcoin climbed to roughly $79,000, marking the first time in six months it has risen in the week after Strategy’s (STRC) ex-dividend date. The rally is being driven by a short-squeeze dynamic from negative perpetual-futures funding rates and a persistent Coinbase premium that signals steady U.S. spot demand. MicroStrategy’s recent large buy (34,164 BTC) and a >9% jump in its shares ($178) add fuel, while STRC recovering toward par ($99.47) would enable additional ATM-funded bitcoin purchases. Overall the piece frames the move as a bullish price development supported by positioning and U.S. spot flows.