STRC is an interesting product. It wouldn't surprise me if, in a year, this one proves to be the most in-demand of the Strategy preferreds.
My thinking here: the rest of the Strategy family (and bitcoin itself) allow investors to express risk tolerance. But boomer-style risk-aversion — of the sort that money market funds capture, and this is a giant market — is much better matched with a product like STRC.
@SnarkyAlien STRC reads to me as boomer bait.
Andrew M. Bailey
Andrew M. Bailey25.7. klo 06.17
My thinking here: the rest of the Strategy family (and bitcoin itself) allow investors to express risk tolerance. But boomer-style risk-aversion — of the sort that money market funds capture, and this is a giant market — is much better matched with a product like STRC.
Indeed, STRC has already outpaced the other preferreds, individually. In a year I'd guess it will beat them all combined: STRD: $1.04B STRK: $1.42B STRF: $1.186B STRC: $2.00B
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