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Bitcoin Policy UK CEO calls Michael Saylor’s STRC investment promotion ‘dishonest’

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Bitcoin Policy UK CEO calls Michael Saylor's STRC investment promotion 'dishonest'.

Despite being an ardent bitcoin advocate and shareholder of Strategy, Bitcoin Policy UK CEO Susie Ward still has some concerns when it comes to the world's largest digital asset treasury firm.

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Summary

Ward recently told The Block during an interview at last week's BTC Prague conference that she considered a video shown by Strategy's Michael Saylor, promoting STRC, to mischaracterize the investment's risk profile. "It's the risk the reporter is uncomfortable with. Selling STRC, a perpetual preferred share offering a whopping 11.25% dividend, has helped Strategy further pursue its bitcoin accumulation plans as the company funnels proceeds from the shares into buying more BTC. Ward sees the concept of selling these types of shares to raise capital to buy bitcoin as problematic.

Read full article at The Block →

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