Strategy’s STRC Raises $1.18B in One Week, Buying Seven Times Bitcoin’s Weekly Mined Supply

TLDR: Strategy purchased 22,337 BTC last week, surpassing seven times the total weekly mined supply of 3,150 coins.  STRC recorded $2.2B in weekly trading volume, with a single day hitting $740M — rare for any fixed income product.  The 11.5% STRC dividend is backed by over $2B cash and $55B in Bitcoin, giving investors yield [...]

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