STRC didn’t just touch $100
The money printer is really running again
Strategy’s Stretch preferred stock
Resumed issuance after more than 170 days
According to Bitcoin Treasuries
The money raised yesterday
Should be enough to buy more than 120 bitcoin
A few days ago, it had just climbed back to its $100 par value intraday
Only then did the rules allow issuance at or above par
Back then, the “spigot could be opened”
This time, actual money is coming in
The preferred stock channel is once again replenishing Bitcoin reserves
But there’s a cost
Annualized dividends are about 12%, calculated at par
The more they issue
The bigger the monthly cash dividend bill
The money printer is running
But that doesn’t mean there’s no interest to pay
$BTC $ETH
#StrategySTRC时隔超170天恢复发行 #比特币 #Strategy
The money printer is really running again
Strategy’s Stretch preferred stock
Resumed issuance after more than 170 days
According to Bitcoin Treasuries
The money raised yesterday
Should be enough to buy more than 120 bitcoin
A few days ago, it had just climbed back to its $100 par value intraday
Only then did the rules allow issuance at or above par
Back then, the “spigot could be opened”
This time, actual money is coming in
The preferred stock channel is once again replenishing Bitcoin reserves
But there’s a cost
Annualized dividends are about 12%, calculated at par
The more they issue
The bigger the monthly cash dividend bill
The money printer is running
But that doesn’t mean there’s no interest to pay
$BTC $ETH
#StrategySTRC时隔超170天恢复发行 #比特币 #Strategy