Comparing Bitcoin Giant Strategy to Terra Luna Is a STRC, Benchmark Says
The analysts underscored that Strategy's Stretch (STRC) can't technically lose its “peg.”
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The analysts underscored that Strategy's Stretch (STRC) can't technically lose its “peg.”
The Stretch preferred fell to about $85 on Thursday, roughly 15% below the $100 it is engineered to hold, extending a record-low close and tightening one of the channels Strategy uses to fund its bitcoin buying.