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Saylor continues to liken STRC to a money market as risks mount

Michael Saylor was happy to quote a CNBC TV news anchor who likened Strategy’s STRC to a money market fund.

Bitcoin mortgages debut with 60% haircut and no margin calls

After an initial 60% haircut on its market value, BTC-backed mortgages feature no further margin calls or collateral top-ups.

Strategy slashed its $20.33B STRK at-the-market offering on March 22 after selling just 5% of its 269.8M share goal.

We calculated the present value of STRC and compared it to various metrics that reveal the difficult math behind BTC yield.

Strategy founder Michael Saylor has increased the dividend rate on STRC so high that it’s now roughly 60% of a typical credit card rate.