Bitcoin Policy UK CEO Warns Michael Saylor's STRC Promotion Downplays Risks; 11.25% Yield

BTC-1.42%

According to Odaily, Susie Ward, CEO of Bitcoin Policy UK, criticized Michael Saylor's promotion of STRC, stating the approach lacks adequate risk disclosure. Ward expressed concern that Saylor's presentation of STRC returns appeared to suggest a "risk-free" investment, which she characterized as "dishonest." She highlighted structural risks underlying the high-yield preferred stock financing model.

STRC is a perpetual preferred stock issued by MicroStrategy (Strategy), offering 11.25% dividend yield. The company uses proceeds from STRC sales to fund its long-term Bitcoin accumulation strategy.

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