Bitcoin price is down over 40% since STRC launched: Is Strategy 'fine'?
CoinTelegraph·
60-second summary
Bitcoin price is down over 40% since Strategy and Resources Corp (STRC) launched, with critics claiming Michael Saylor's BTC flywheel is failing. STRC's slide below par has slowed Strategy's Bitcoin buys, sparking debate over its effectiveness. The market is closely watching Saylor's moves, as investors question the strategy's validity and potential impact on Bitcoin's price.
STRC’s slide below par has emboldened critics, slowed Strategy’s Bitcoin buys and sparked debate over whether Michael Saylor’s BTC flywheel is still fine.