Michael Saylor used AI to appropriate a famous scene from the mockumentary This Is Spinal Tap to advertise STRC as a competitor to insured savings products like bank accounts and money markets. STRC is a share of Saylor’s company... .
Strategy still relies on STRC. The latest BTC purchase arrives after a week of successful raises through the STRC preferred stock ... In the past week, Strategy managed to sell STRC as prices moved above $100, boosting its ability to buy more BTC.
Strategy was expected to buy more BTC based on its success with selling STRC preferred shares in the past week ... On Monday, STRC returned below $100, meaning no new preferred shares were sold.
The STRC preferred stock returned above $100, allowing more selling and potential BTC purchases. After two weeks of dormancy, Strategy’s STRC returned to above $100 valuations ... STRC rises to $100.03 ... Is STRC viable?.
Strategy has been running X ads, trying to sell preferred shares of STRC. The campaign doesn’t seem to be doing much. The post Strategy hasn’t sold any STRC shares despite advertising on X appeared first on Protos ... .
Strategy increases the importance of STRC. In this week’s purchase, Strategy raised $7M from its STRC preferred stock. In the past month, STRC was the most active of all preferred shares, reaching $103M in trading volume for the past week.
A worker at Strategy mistakenly claimed that the company’s BTC collateralizes shares of its stock, even though it doesn't. The post Strategy manager wrong about BTC backing STRC appeared first on Protos ... .
Preferred shares have also increased their trading volumes in the past weeks, mostly relying on STRC for the bulk of activity ...Strategy’s STRC is the most widely traded preferred share, recently rising above par on renewed interest.