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Open original source ↗Stretch $STRC is now larger than all of Strategy’s other preferred stocks combined. https://t.co/74vDhusuhX
Whether one likes the overall levered Strategy model or not is a separate discussion, but objectively STRC is where the preferred demand is lately.
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I think that the Stretch $STRC preferred is going to have pretty insatiable demand this cycle. That 9% yield with mechanisms to minimize vol, in a regulated and liquid security wrapper, hits the market sweet spot.
LynAldenContact ↗