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STRC Is Junk Credit in a Bitcoin Costume, and Retail Is Holding $8.8 Billion of It
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STRC Is Junk Credit in a Bitcoin Costume, and Retail Is Holding $8.8 Billion of It

Retail investors hold $8.8 billion in STRC, a bitcoin-backed security marketed as a safer, smarter investment but criticized as high-risk junk credit. The product offers an 11.5% income and is promoted as tax-favored with money-market risk, yet 82.7% of buyers are retail, and $15 billion sits across three similar securities (STRC, Strategy’s preferred stack, and SATA).

via Bitcoin Magazine#bitcoin#investing#retail
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