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Blockstream CEO: Strategy will not go to zero, and the market's negative view of its preferred stock STRC is unfounded

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Golden Finance reports that on June 22, Blockstream CEO and early Bitcoin community contributor Adam Back stated that the market's negative views on Strategy and its preferred stock STRC are unfounded. The core of Strategy's approach is simply selling Bitcoin to pay dividends, without changing its Bitcoin reserve strategy. This demonstrates that it is possible to pay returns to investors through Bitcoin while reducing debt ratios. Strategy is showcasing a new financial model where Bitcoin could become an alternative asset to cash in the future, used for corporate asset management and capital operations. The FUD surrounding MSTR and STRC has been exaggerated; Strategy will not go to zero. Its long-term value lies in holding Bitcoin continuously and promoting market understanding of Bitcoin's monetary properties.
BTC-1.44%
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