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Crypto

STRC stays below $100 as Jain questions 12% yield

Chloe1 min read

Strategy’s STRC preferred stock has remained below its $100 stated value at $95.31 despite Bitcoin’s rally to about $77,125, prompting Multicoin Capital co-founder Tushar Jain to argue that its 12% dividend does not adequately cover the risk of another deep…

Source: https://crypto.news/strc-stays-below-100-dollars-as-jain-questions-yield/

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Chloe

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