Bitcoin Plunges, but Michael Saylor Says STRC Still Delivers Gains
Michael Saylor highlighted positive returns from Strategy’s income-paying preferred shares, traded as STRC, while bitcoin fell near $64K on Nov. 14, down more than 21% over one month. The slide pushed the company’s bitcoin holdings further below their acquisition cost. Saylor Highlights Income During Bitcoin’s Slide Michael Saylor, founder and executive chairman of Strategy Inc. […]
Key Takeaways
- Michael Saylor highlighted positive returns from Strategy’s income-paying preferred shares, traded as STRC, while bitcoin fell near $64K on Nov.
- 14, down more than 21% over one month.
- The slide pushed the company’s bitcoin holdings further below their acquisition cost.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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