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72 sats \ 4 replies \ @grayruby 8h
Wow. That's impressive. Preferred equity doesn't usually attract much capital.
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111 sats \ 3 replies \ @HardMoney OP 8h
Seems like STRC has found the most “product market fit” from MSTR preferred instruments
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0 sats \ 2 replies \ @BlokchainB 6h
Indeed it has! If they can keep this pegged at $100 and pay 9% why would you park cash in anything else?
People always talk about MSTR being risky but mind you the whole treasury and banking system is under heavy stress.
I am hoping Robinhood carries this equity I can easily see many retail traders moving into this equity to park cash in
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0 sats \ 1 reply \ @bitcoingecko 1h
Does Robinhood have any preferred stock? It definitely would help if Robinhood had it.
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0 sats \ 0 replies \ @HardMoney OP 1h
No. Maybe these will be Robinhood as first. You could technically take margin at 6% and buy this for 9% to take a “risk free” spread
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5 sats \ 1 reply \ @SatsMate 4h
Do any of the different products cannabilize each other, or are they each targeting completely seperate markets?
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0 sats \ 0 replies \ @HardMoney OP 1h
STRC is pretty unique
I think you could argue the other 3 have similar features that could cannibalize the demand for them although for institutional investors it give options for likely different rated instruments
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0 sats \ 0 replies \ @denlillaapan 4h
Sure, bc why not
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0 sats \ 0 replies \ @BlokchainB 6h
Can’t wait for July 29th!
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0 sats \ 0 replies \ @nitter 8h bot
https://xcancel.com/strategy/status/1949439634402132316
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