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Bitstar2

06/20 08:34

Saylor’s Bitcoin Money Machine Has a New Problem,

Saylor’s Bitcoin Money Machine Has a New Problem, and Its Name Is STRC #World Cup Predictions: 100,000 USDT Daily #World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge
Michael Saylor turned Strategy into the largest corporate Bitcoin holder on earth by mastering one trick: raising money on Wall Street to buy $BTC. A key piece of that machine is a security called STRC, engineered to trade steadily near $100. This week it broke, hitting a record low, and it has put a spotlight on the financial engineering behind Saylor’s Bitcoin empire. Strategy’s STRC, a variable-rate preferred stock designed to hover near $100, instead flirted with a fresh intraday low this week, printing levels well below its target (Bitcoin price on CoinGecko). For a security built specifically to stay stable, that is a notable break, and it raises questions about the funding engine behind Strategy’s massive Bitcoin accumulation.
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