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Adam Back: Strategy will not go to zero; shorting STRC is baseless.

MarsBitNews
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Mars Finance news: crypto punk pioneer Adam Back said the market’s negative view of Strategy and its preferred stock STRC lacks grounds, because what Strategy is essentially doing is selling Bitcoin to make the relevant payments, without changing its Bitcoin reserve strategy. In fact, it is “demonstrating that it is possible to pay investors returns through Bitcoin while reducing the debt ratio.” Adam Back further noted that Strategy is showing the market a new financial model—going forward, Bitcoin could become an alternative asset to cash for corporate asset management and capital operations—and that the FUD surrounding MSTR and STRC has been exaggerated. Strategy will not “go to zero”; its long-term value lies in continuously holding Bitcoin and helping the market better understand Bitcoin’s monetary attributes.
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