Anthony Scaramucci Backs Michael Saylor's Preferred Stock Bet: 'This Is His iPhone Moment...Has Set The Clock On Global Adoption'

The company has been buying BTC despite sitting on unrealized losses of over a billion. Strategy's market valuation stands at $51.85 billion, while its Bitcoin holdings are valued at $56.41 billion. This means that the stock is trading at a discount to its net asset value.Saylor describes STRC as “Digital Credit” that could provide a high-yield, lower-volatility income instrument. The proceeds are used to acquire more Bitcoin. Last week, he said that STRC achieved better risk-adjusted returns than several t ...