Saylor distances himself from STRC-backed DeFi after stablecoin wobble
Michael Saylor reposted plenty of notifications about DeFi tokens associated with STRC, but he swears reposts weren’t endorsements.
Michael Saylor reposted plenty of notifications about DeFi tokens associated with STRC, but he swears reposts weren’t endorsements.
STRC shareholders have voted to increase the frequency of dividend payouts from monthly to semi-monthly from BTC treasury company Strategy.
Strive Inc. bought the dividend-paying STRC stock by Strategy, a supposed money-market competitor, and lost $1.8M.
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.
BTC fell 4.4% within 24 hours of Strategy disclosing its voluntary sale of 32 BTC. Two hours later, it fell another 2%.