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Benchmark called the comparison between STRC Strategy and UST Terra incorrect - ForkLog
Benchmark called the comparison between STRC Strategy and UST Terra incorrect
Benchmark analyst Mark Palmer told CoinDesk that comparing STRC with UST Terra 2022 is inaccurate. STRC is a preferred share of the Strategy with an 11.5% dividend, not a stablecoin: they were designed to trade around $100, but the prices dropped to $82.53. As long as the shares are below $100, Strategy does not use this funding channel to buy Bitcoin.