Jiang Zhuoer: Strategy is expected to reduce the amount of coins being bought, but there is virtually no risk of getting burned.

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BlockBeats news, June 25—Jiang Zhuoer, founder of the Leveit Mining Pool (B.TOP), shared his views on STRC falling to a historical low tonight. He said that Strategy’s preferred stock STRC has significantly depegged, which represents the panic of US stock market funds toward BTC. “It is expected that the amount of coins Strategy buys in the coming months will drop significantly, even to the point of not buying any coins—keeping the money to pay STRC interest.

In addition, once again, do not expect the bottom of the bear market MSTR to ‘blow up a big bomb.’ STRC is preferred stock, not debt. As long as dividends are paid, there is no need to repay the principal. MSTR’s debt-to-asset ratio is only 10%. Unless the BTC bear market lasts for ten years, MSTR has no risk of blowing up.”

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