Key highlights: STRC reached its all-time low of $85 after a week-long decline. Critics say falling prices are proof that the “Ponzi scheme” is tearing at the seams. Others argue that a declining STRC presents a buying opportunity for long-term investors. After Strategy’s preferred stock STRC tumbled to its lowest level since listing, analysts are […]
Tag: MSTR
By Jordan Lyanchev BitMine Immersion Technologies, the Tom Lee-chair former bitcoin miner turned Ethereum treasury company, continues with its Monday announcements about major ETH acquisitions completed over the previous week. At the same time, the world’s largest corporate holder of any cryptocurrency, Michael Saylor’s Strategy, decided to skip a week as it raises funds for […]
By Wayne Jones Strategy’s STRC perpetual preferred stock recorded $1.1 billion in daily trading volume on April 13. This was 46.5% higher than its previous single-day record and more than four times its 300-day average of about $274 million. A $100 Stock Moving Billions The share price moved one cent, the total liquidity was $1.156 […]