Bitcoin Bulls Pin Hopes on MicroStrategy’s STRC and Senate Clarity Act Vote
Bitcoin bulls are watching MicroStrategy’s STRC ex-dividend date and the Senate’s CLARITY Act markup this week. K33 Research said both events could shift defensive positioning that has kept funding rates negative for 74 days. MicroStrategy uses STRC, a perpetual preferred stock, to fund recurring mid-month bitcoin purchases. The instrument has driven the firm’s largest bitcoin...
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