Strategy's STRC Falls to Record Low, Squeezing a Bitcoin Funding Channel
The Stretch preferred fell to about $85 on Thursday, roughly 15% below the $100 it is engineered to hold, extending a record-low close and tightening one of the channels Strategy uses to fund its bitcoin buying.
By: The Defiant Team •
Markets
The Stretch preferred fell to about $85 on Thursday, roughly 15% below the $100 it is engineered to hold, extending a record-low close and tightening one of the channels Strategy uses to fund its bitcoin buying.
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