Bitcoin24h $75,964.71-0.23%

Ethereum24h $2,339.57-0.78%

XRP24h $1.44+0.50%

BNB24h $625.25-1.16%

Solana24h $86.40-0.29%

TRON24h $0.3305+0.61%

Dogecoin24h $0.0952-0.58%

Hyperliquid24h $43.64-1.44%

UNUS SED LEO24h $10.16+0.18%

Cardano24h $0.2495-0.59%

STRC controversy goes mainstream

Strategy’s high-yield dividend stock STRC funds record BTC purchases, sparking major social media controversy and scrutiny from Coffezilla.

Strategy’s STRC gives hedge funds a new reason to short MSTR

A possible interplay of Strategy STRC issuances is creating an uptick in short-selling demand for MSTR.

Strategy has been responsible for the vast majority of bitcoin treasury company purchases and their money-losing buys.

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

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