Markets· ★★· bearish·

Gary Cardone Made $750K on Strategy's STRC, Waits for Bitcoin at $70K

  • Cardone earned $750,000 on Strategy's STRC preferred stock
  • He is waiting for bitcoin at $70,000 to re-enter
  • STRC is Strategy's preferred equity instrument with fixed yield
Why it matters: Signals that some investors expect a deeper bitcoin correction before buying back in.
Source: Google News (crypto query)