Svmuu News: Joe Burnett, Vice President of Strive, posted on X stating that prior to the Luna/UST collapse, the circulating supply of UST was approximately $18.7 billion, backed by only about $3.1 billion in BTC, and UST was immediately redeemable.
Today, Strategy holds approximately $51.5 billion in BTC, while the outstanding STRC balance stands at about $10.5 billion, and STRC cannot be redeemed immediately. There is a clear difference between the two.
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Strive Vice President: Strategy Holds $51.5 Billion in BTC; STRC Debt Risk Is Manageable
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Source：Odaily · Source Link
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