Can anyone give concrete examples of how STRC is risky ? Genuinely trying to steelman why STRC could implode.
iirc they can pay the dividend in perpertuity as long as BTC goes up by at least 2% a year on average. (as it stands now)
However, that could change if they irresponsibly issued way too much STRC tho.
But if there's too much demand for STRC & it trades above $100, they don't HAVE to issue more, they can just lower the dividend rate.
Sorry, didn't rly answer ur question...
However, that could change if they irresponsibly issued way too much STRC tho.
But if there's too much demand for STRC & it trades above $100, they don't HAVE to issue more, they can just lower the dividend rate.
Sorry, didn't rly answer ur question...
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