Everyone is frothing about Bitcoin treasury company Strategy’s STRC bond. Should they be?
Strategy's STRC preferred shares pay an 11.5% annual dividend and funded roughly 85% of the firm's latest $2.5 billion, 34,164 BTC purchase, but analysts including former Goldman Sachs' Dom Kwok warn dividends can be suspended and the yield rests on a volatile bitcoin treasury.
Entities mentioned
- Bitcoin
- Asi Alliance
DeFi Intel is an entity-graph aggregator: we curate, tag and link crypto news to a typed knowledge graph of protocols, tokens, people and incidents. We do not republish the full article body. Use the link above to read the original report at DL News.
Want the full article?
Continue reading on DL News →