Woofun AI reports that Cantor issued a research note following discussions with Michael Saylor, identifying the restoration of STRC preferred shares to their $100 par value as the primary objective for Strategy's management. This step is deemed essential for restarting the company's Bitcoin acquisition engine and reinforcing its capital framework. Cantor analysts assert that STRC underpins Strategy's financing model, noting no conflict of interest among preferred shareholders, common stockholders, and Bitcoin investors. The note suggests investors could buy STRC to capture gains from the return to par value and high dividends, or purchase MSTR common stock to benefit from improved capital structure. Cantor projects that dividend reserve coverage will extend from 10 to 18 months, with potential share buybacks underway. Concerns regarding convertible bond maturity repayment are downplayed, with expectations that capital acquisition efforts will resume or refinancing solutions will be found. This contrasts with JPMorgan's recent warning that selective Bitcoin sales for dividends introduce two-way market risks.