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via Decrypt · By Decrypt Editorial
Comparing Bitcoin Giant Strategy to Terra Luna Is a STRC, Benchmark Says
BTC
BTC/USDT
$63,012.90
-1.93%
$63,012.90
-1.93%
(24s)24h Volume
$18,061,598,971.60
24h H/L
$65,622.83 / $62,568.90
Change: $3,053.93 (4.88%)
Long/Short
66.7%
Long: 66.7%Short: 33.3%
Funding Rate
+0.0007%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(08:45 PM UTC)
1 min read
1452 views
0 commentsIn brief
- Strategy’s Stretch (STRC) may be volatile, but it’s far from the stablecoin that underpinned Terra’s ecosystem, according Benchmark-StoneX’s Mark Palmer.
- The Bitcoin-buying firm’s flagship preferred stock is designed to trade at a certain level, but it’s incapable of “depegging” in a technical sense, he wrote.
- STRC fell as low as $82.53 last week, and on Monday, it recovered some losses…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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