Exchanges· ★★★· neutral·

Saylor: Strategy and Strive can grow together on Bitcoin-backed credit

  • —Saylor: multiple issuers would deepen liquidity in "digital credit"
  • —Strive holds 505,000 STRC shares worth ~$49.76M and 27,462 BTC
  • —STRC pays 12% annualized, SATA pays 13%
  • —Strategy repurchased 1.53M STRC shares for $151.7M and bought 1,665 BTC
Why it matters: More issuers of Bitcoin-linked preferreds could draw institutional capital into "digital credit," but raises risks for holders.
Source: DiarioBitcoin