Saylor breaks down STRC and how it can change capital and credit markets forever.
Below are screenshots I took that caught my eye:
STRC is 20 year duration of CapitalSTRC is 20 year duration of Capital
Solves Investor DilemmaSolves Investor Dilemma
How STRC is for every investorHow STRC is for every investor
How STRC has favorable tax treatmentHow STRC has favorable tax treatment
Performance of STRCPerformance of STRC
How STRC is better than Junk bonds/TreasuriesHow STRC is better than Junk bonds/Treasuries
How STRC out yields many financial productsHow STRC out yields many financial products
Effective yield of STRC in various locations due to tax treatmentEffective yield of STRC in various locations due to tax treatment
Hate it or love it stackers STRC will be a force to reckon with. Especially as rates come down.
He keeps saying "digital credit". What does he mean by digital credit? How is regular credit not currently "digital"?
It’s credit built on the premise that Bitcoin is the underlying asset. Unlike other credit derivatives, which are based upon a promise to repay (bonds) or rights to future cash (stocks) which are digital via being denominated in dollars but have third party risk. This credit arises because investors are providing MSTR with money today to purchase Bitcoin, which in turn allows MSTR to offer investors various options for acquiring the capital asset, catering to different risk profiles.
Good answer, but I still think digital credit is an overly broad and ambiguous term. But likely Saylor chose it for that very reason.
Yeah it’s a brand new concept to understand.
Watching this now — Saylor always makes these deep dives way easier to follow. STRC might actually be something to keep an eye on.