MicroStrategy plans to restore the price of its digital credit product, $STRC, to $99–$100 and reiterates that it has no intention of issuing it below par value.
During its second-quarter earnings call, MicroStrategy stated that the company plans to restore the price of its digital credit product, $STRC, to the $99–$100 range through strategies such as U.S. dollar reserves, the liquidation of Bitcoin, buybacks, dividend management, and prudent issuance.The company also reiterated that it does not intend to issue $STRC at a price below par value, citing lessons learned from 2022 and 2026, as well as the $STRC decoupling event on June 26.
Source:X@saylor · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Analysis of HNS Token Value and Investment Potential: An In-Depth Look at Handshake, the Decentralized Domain Name Protocol
-
2
What Is NTIC (Entice Coin)? An Analysis of How to Trade It and Its Potential Risks
-
3
How do I buy and sell THO tokens? On which exchanges is the Thorus token listed?
-
4
US Strategic Petroleum Reserve Won’t Be Tapped to Ease Prices in War’s New Phase
-
5
How do I buy and sell URQA tokens? Which decentralized exchanges are they listed on?
-
6
Kenya's July Inflation Rises to 6.5% as Fuel Costs Drive Price Growth
-
7
RWA perpetual futures trading volume on Hyperliquid and Binance is close to that of Bitcoin perpetual futures
-
8
ORO Coin Trading Guide: How to Buy and Sell on Decentralized Platforms and Risk Warnings
-
9
FJD Coin: Clarifying the Confusion Between the Fijian Dollar and Cryptocurrency, and How to Trade the FJD as a Fiat Currency
-
10
What Is EADX? An Analysis of the Current Market Situation and Trading Platforms
Markets Today
Recommended Reading









