STRC

Bitwise said STRC’s volatility reflects a late-cycle leverage unwind, with institutions poised to replace Strategy as bitcoin’s biggest buyer. www.coindesk.com

In brief Strategy’s flagship preferred stock drifted further away from its $100 par value, setting another record low as Bitcoin’s price steadied. …

Investors are watching the preferred stock’s ex-dividend date and monthly dividend rate reset closely. www.coindesk.com

The tightening correlation undermines STRC’s appeal as a relatively steadier income vehicle. www.coindesk.com

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect …

STRC, the largest dividend-paying stock from Michael Saylor’s $BTC treasury company Strategy (formerly MicroStrategy), closed for trading yesterday at $87.31. That number …

Bitcoin-linked preferred stocks STRC and SATA have entered the spotlight after Strive CEO Matt Cole projected a $3 trillion digital credit market …

In short Strategy’s Stretch (STRC) may be volatile, but according to Benchmark-StoneX’s Mark Palmer, it’s far from the stablecoin that underpinned Terra’s …

The depegging of STRC, the software-giant-turned-Bitcoin-hoarder’s much-talked-about funding vehicle, STRC, has become the hottest topic within the cryptocurrency community, and Eric Balchunas, …

In brief Strategy’s preferred stock (STRC) tumbled to an all-time low of $82.53, dragging its common shares down along with it. CoinShares’ …