WorldPingInvestors have previously benefited from a payout boost when the preferred STRC shares traded well below their $100 par value for a month.
This is a short WorldPing brief. The full report was published by Cointelegraph.
Read the full report at Cointelegraph
WorldPingMichael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingARP Digital’s Yusuf Fakhro said bitcoin’s weakness reflects stalled participation more than forced selling, with ETF flows turning negative, CME open interest back at 2023 levels and Strategy idle for a fifth straight week.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingThe bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingHalf the proceeds funded preferred dividends and half went into an $81 million STRC buyback, its second in as many weeks.
Brief by WorldPing · Original reporting by Decrypt
WorldPingThe company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingStrategy's total holdings account for around 4% of the 21 million bitcoin supply cap — worth roughly $53 billion.
Brief by WorldPing · Original reporting by The Block