Blaze TrendsBTC.TOP CEO Jiang Zhuoer defended Strategy's balance sheet after the firm sold 32 BTC to fund STRC stock dividends. The firm maintains a 5% debt ratio and recently purchased an additional 1,550 BTC. #Business #Finance #CorporateTreasury
https://blazetrends.com/strategys-5-debt-ratio-protects-strc-dividends-from-a-30000-bitcoin-drop/?fsp_sid=29403
https://blazetrends.com/strategys-5-debt-ratio-protects-strc-dividends-from-a-30000-bitcoin-drop/?fsp_sid=29403
Strategy’s 5% debt ratio protects STRC dividends from a $30,000 Bitcoin drop
The global cryptocurrency market experienced a sharp sell-off this week after corporate treasury firm Strategy executed its first Bitcoin sale since 2022. The decision to offload 32 BTC to cover high-yield dividend obligations caused Strategy's $10 billion STRC preferred stock to temporarily drop 5.3% below its $100 par value. In response to the market panic,