Michael Saylor said in a post on X that funding for STRC buybacks will come from sources beyond USD Reserve, including proceeds raised through sales of MSTR and BTC depending on market conditions. He said the goal is for STRC to trade near $100 while maintaining high liquidity, low volatility, and healthy, sustainable standalone demand. Saylor also stated clearly that STRC will not be issued at a price below $100. The remarks outline both the intended trading range for the product and the sources of capital that could be used to support buybacks.
Michael Saylor said in a post on X that funding for STRC buybacks will come from sources beyond USD Reserve, including capital raised through sales of MSTR and BTC depending on market conditions.
He said the goal is for STRC to trade near $100, with high liquidity, low volatility, and healthy, sustainable standalone demand. Saylor also said STRC will not be issued below $100.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
