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Feb 05
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$92.79
$99.50
+7.2%
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LONG
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Phong Le
President & CEO, MicroStrategy
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MSTR has launched "Stretch" (STRC), a digital credit instrument paying ~11.25% yield, trading near par ($100) with significantly lower volatility (7%) than Bitcoin (45%). This product targets fixed-income investors and retirees who want exposure to the "Digital Capital" ecosystem without the volatility of the asset itself. It effectively acts as the "risk-free rate" of the Bitcoin economy. LONG. A yield-bearing instrument backed by massive BTC collateral and a cash reserve. Corporate default if Bitcoin goes to effectively zero ($8k mentioned as the break-even point for net debt). |
Thread Guy
Bitcoin is 63K!? Crypto is FINISHED? - Market...
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