Buy STRC and make 28%? Traders say no thanks
The effective yield of STRC is 14% with a 28% total return on offer, yet it still cannot hold the $100 par value that Strategy intends.
The effective yield of STRC is 14% with a 28% total return on offer, yet it still cannot hold the $100 par value that Strategy intends.
After predicting a rally that didn’t arrive, Michael Saylor waited for a 52% drawdown and sold at a loss to Strategy’s BTC cost basis.
With the price of BTC and Strategy crashing, Michael Saylor grew frustrated with another reporter’s questions, ending the interview cold.
A new audit of Michael Saylor’s posts charts the moment BTC’s loudest evangelist switched his focus to credit.
Strategy announces unprecedented plan to sell BTC to pay for dividends and buy-back MSTR, STRC, and its other stocks.