After Trump threatened to impose tariffs on European nations standing in opposition to his efforts to take control of Greenland, Bitcoin fell from $95,000 on Friday, with the asset showing a 2.0% decrease over the past week. Over that period of time, the asset climbed as high as $97,500.
Within the past week, Saylor has shined a spotlight on STRC, which is designed to trade near its $100 par value, while paying a variable-rate dividend that’s currently 11%. When STRC trades above $100, the company can sell more STRC shares to keep its price in line.
Saylor has described STRC as the company’s iPhone moment, arguing that the product has broad appeal and the potential to be a game-changer in corporate finance. STRC is short for “Short Duration High Yield Credit” and is ranked senior to Strategy’s common equity.
“The word of the day is PAR,” Cole said, while sharing a screenshot of SATA, while observing “insatiable demand for digital credit.”
