Bitcoin plummets to $67K after Strategy sale
BTC fell 4.4% within 24 hours of Strategy disclosing its voluntary sale of 32 BTC. Two hours later, it fell another 2%.
BTC fell 4.4% within 24 hours of Strategy disclosing its voluntary sale of 32 BTC. Two hours later, it fell another 2%.
The CEO of Strategy has made $37 million in total compensation over the past three years while buying less than $20,000 in STRC for his kids.
Strategy CEO Phong Le promoted STRC to cover his mortgage payments using its 11.5% dividend yield, morphing Saylor’s mortgage-for-BTC pitch.
DeFi yield farmers are leveraging Pendle, Morpho, xStocks, Apyx, and Saturn to amplify Strategy’s already ultra-risky 11.5% dividend on STRC.
Strategy’s high-yield dividend stock STRC funds record BTC purchases, sparking major social media controversy and scrutiny from Coffezilla.