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Chris Millas
@ChrisMMillas
Investor. Advisor @MeliuzBitcoin. Biz. Spirituality. Psychology. Philosophy. Temp notes, mostly to Self. All posts get deleted. $BTC $MSTR $WMTX $PATH $DUOL
Joined May 2014
140 Following    18K Followers
I don’t know who needs to hear this but Strategy is buying back $STRC to create STABILITY in the product. $STRC is designed to be a dependable credit instrument trading around its $100 par value. Persistent price weakness undermines that objective. By stepping in as a buyer below par, Strategy is demonstrating its willingness to support the market for its own product. The more stable and predictable $STRC becomes, the more attractive it will become to investors. And the more attractive it becomes, the easier it should be for Strategy to scale it. This is about establishing $STRC as a reliable, long-term financial product. Think bigger picture.
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