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Strategy's STRC Falls to Record Low, Squeezing a Bitcoin Funding Channel

Strategy's STRC preferred stock extended its slide to a fresh record low on Thursday, deepening the discount on one of the main channels the largest corporate bitcoin holder uses to fund its purchases. The Variable Rate...

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Strategy's STRC Falls to Record Low, Squeezing a Bitcoin Funding Channel
Strategy's STRC preferred stock extended its slide to a fresh record low on Thursday, deepening the discount on one of the main channels the largest corporate bitcoin holder uses to fund its purchases. The Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, traded near $85 on... Read the full story at The Defiant

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