pull down to refresh
0 new comment
72 sats \ 4 replies \ @grayruby 14h
Wow. That's impressive. Preferred equity doesn't usually attract much capital.
reply
0 new comment
111 sats \ 3 replies \ @HardMoney OP 14h
Seems like STRC has found the most “product market fit” from MSTR preferred instruments
reply
0 new comment
0 sats \ 2 replies \ @BlokchainB 12h
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
reply
0 new comment
20 sats \ 1 reply \ @bitcoingecko 7h
Does Robinhood have any preferred stock? It definitely would help if Robinhood had it.
reply
0 new comment
20 sats \ 0 replies \ @HardMoney OP 7h
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
reply
0 new comment
5 sats \ 1 reply \ @SatsMate 9h
Do any of the different products cannabilize each other, or are they each targeting completely seperate markets?
reply
0 new comment
0 sats \ 0 replies \ @HardMoney OP 7h
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
reply
0 new comment
0 sats \ 0 replies \ @denlillaapan 10h
Sure, bc why not
reply
0 new comment
0 sats \ 0 replies \ @BlokchainB 12h
Can’t wait for July 29th!
reply
0 new comment
0 sats \ 0 replies \ @nitter 14h bot
https://xcancel.com/strategy/status/1949439634402132316
reply
0 new comment