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It certainly will be good for shareholders short term.
BTC Monetization Program
He's converting bitcoin into money? I guess this is natural since he doesn't see it as money to begin with.
...and has done nothing but lose money on it
Let the shareholder extraction... begin!!
Clear guidance for the market
So this is their long winded way of saying they sold a couple billion dollars of Bitcoin.
Pretty much.
I'm willing aaaall the Predyx bets now
Why invest in STRC if you can buy BTC and self-custody it yourself?
Some people just prefer 10-ish percent fiat yield. Particularly if they've been blindly chasing dividends all of their short lives, because... reasons.
10ish yield doesn't look like it'll be interesting enough for the institutional investors he seems to want if theres rate hikes in the cards
It certainly will be good for shareholders short term.
He's converting bitcoin into money? I guess this is natural since he doesn't see it as money to begin with.
...and has done nothing but lose money on it
Let the shareholder extraction... begin!!
Clear guidance for the market
So this is their long winded way of saying they sold a couple billion dollars of Bitcoin.
Pretty much.
I'm willing aaaall the Predyx bets now
Why invest in STRC if you can buy BTC and self-custody it yourself?
Some people just prefer 10-ish percent fiat yield. Particularly if they've been blindly chasing dividends all of their short lives, because... reasons.
10ish yield doesn't look like it'll be interesting enough for the institutional investors he seems to want if theres rate hikes in the cards