Flash
SamsonMow: Don't use "peg" when talking about STRC. STRC has no hooks
On June 25, JAN3CEO SamsonMow issued an article regarding the fact that Stategy preferred stock STRC fell below US$80, saying that for those who talk about STRC, don't use "peg", please use the correct term "par". STRC has no pegged and is not a stablecoin. For the STRC, what people call a "$100 face value" almost always refers to the declared amount of $100-the fixed benchmark on which the dividend mechanism is based. In comparison, the actual legal face value is negligible.