Strive CSO Says Saylor ‘Struck Oil’ With STRC As Bitcoin Buys Surge
Strive Asset Management Chief Strategy Officer Avik Roy said Michael Saylor has effectively “struck oil” with STRC, arguing that Strategy’s latest preferred equity structure has opened a powerful new funding channel for Bitcoin accumulation. Speaking with The Bitcoin Historian, Roy cast STRC not as just another capital raise, but as a product design breakthrough for […]
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Strategy’s preferred equity instrument, STRC, has been trading below its $100 par value — a detail that has quietly drawn attention from investors watching the company’s ability to keep funding its Bitcoin purchases. RR Saturn Steps In As Questions Mount The company behind the Bitcoin treasury strategy recently attracted fresh capital despite the uncertainty. Saturn, a STRC-backed yield provider, put $18 million into STRC, bringing its total investment to $33 million. The move came even as critics questioned whether demand for the instrument is strong enough to sustain....
Quick Facts: ➡️ Strategy’s $STRC broke an ATH of $100.01 after 1M shares sold, fueling the company’s Bitcoin-centric investment strategy. ➡️ $STRC’s record print validates the $BTC flywheel. Capital is financing more Bitcoin buys, accelerating the cycle. ➡️ Bitcoin Hyper targets $BTC’s speed and programmability gaps with SVM contracts and a canonical bridge for fast, […]
NYDIG says Strategy’s rapidly expanding STRC issuance has become a meaningful new source of incremental bitcoin demand, but argues the structure is being widely misunderstood. In a March 20 research note, the firm said the preferred-stock complex around Strategy and similar vehicles such as Strive’s SATA should be viewed less as traditional corporate credit and […]
Vivek Ramaswamy’s Strive Asset Management bought 1,567 Bitcoin in a recent purchase worth about $162 million, according to multiple reports. The buy came over a short window and lifted the firm’s holdings to roughly 7,525 BTC, a move that drew attention across the crypto market. Related Reading: Stablecoins Are Booming — And The Fed Thinks […]
Sitting on paper losses exceeding $14 billion, Michael Saylor’s Strategy didn’t slow down last week. The company spent roughly $1 billion buying more Bitcoin — its latest move in a relentless accumulation run that has now brought its total stash to 780,897 BTC. Related Reading: TRUMP Buying Frenzy Builds Ahead Of Mar-A-Lago Power Event A Purchase Funded By Preferred Shares That $1 billion didn’t come from operating cash. Strategy raised the money by selling 10 million shares of STRC, its perpetual preferred equity. Data shows the sale generated about $1 billion in net....