Michael Saylor Promotes Bitcoin-Linked Preferred Stock as a ‘High-Returning’ Choice for Retirees
Simply put Michael Saylor is presenting retirees with Bitcoin-backed Priority Stock STRC, which offers yields of 9.5%, much higher than the typical 0.1-4% from regular savings accounts. This strategy reported quarterly profits of $10 billion, stemming from a significant Bitcoin price rise—from $77,000 to $111,000—and it now holds 628,800 Bitcoin, valued at around $74 billion. […]
DTCC rules out collateral for Bitcoin-linked ETFs – TradingView
Depository Trust and Clearing Corporation (DTCC), a financial services company that provides clearing and settlement services to financial markets, does not and will not allocate collateral to exchange-traded funds (ETFs) with exposure to Bitcoin or cryptocurrencies. It said it would not allocate collateral. make loans to them. According to the DTCC announcement, starting April 30, […]