STRC tumbles as DeFi copies lose their peg
Strategy’s 11.5% dividend-paying preferred stock STRC will pay a 0.96% dividend this month, but it’s already lost 3.8% of its value.
Strategy’s 11.5% dividend-paying preferred stock STRC will pay a 0.96% dividend this month, but it’s already lost 3.8% of its value.
Jim Chanos earned an outsized return on his hedged short-sale of Michael Saylor’s MSTR, but he should have kept holding on.
BTC fell 4.4% within 24 hours of Strategy disclosing its voluntary sale of 32 BTC. Two hours later, it fell another 2%.
Strategy’s recent sale of 32 BTC has caused resolution problems for a Polymarket prediction market concerning the sale.
Strategy diluted common stockholders to build a USD reserve for dividend and interest payments, then used the cash for something else.