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CZ on Strategy: Asset Structure Too Complex, But Considers Michael Saylor a "Bitcoin Maximalist"
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BlockBeats News, June 29th, CZ stated in an interview that the preferred stock STRC structure is "too complex," and mentioned that it took "many attempts to understand STRC." The product relies on Bitcoin as the underlying collateral, introducing a structural contradiction: the long-term appreciation theory of Bitcoin may be valid, but its volatility makes it challenging as the basis for a leveraged tool.

CZ also emphasized that he does not comment on the reputation of its founder, Michael Saylor, believing that he is a "steadfast supporter of Bitcoin."

Sumber: BlockBeats

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