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Adam Back: Strategy Will Not 'Reset,' Market's Negative View on Preferred Stock STRC Lacks Basis
  • FUD0%
  • BTC0%
  • MSTR0%

In BlockBeats news on June 21st, Adam Back, CEO of Blockstream and early Bitcoin community contributor, stated that the market's negative view of Strategy and its preferred stock STRC lacks basis. He emphasized that what Strategy is essentially doing is selling Bitcoin to pay dividends, without altering its Bitcoin reserve strategy. Moreover, Strategy is proving that it can pay returns to investors through Bitcoin while reducing its debt ratio. Strategy is showcasing a new financial model to the market, suggesting that Bitcoin could potentially become a cash alternative asset in the future for corporate asset management and capital operation. The FUD sentiment surrounding MSTR and STRC has been exaggerated, and Strategy will not "reset." Its long-term value lies in holding Bitcoin continuously and driving market understanding of Bitcoin's monetary properties.

Sumber: BlockBeats

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