To be honest, I haven’t bought any STRC. Even though I’ve been writing a lot about STRC recently, it’s mainly to let everyone know that STRC’s drop doesn’t mean MSTR is going bankrupt, and it definitely doesn’t mean it will trigger a Bitcoin domino effect. But that doesn’t mean I’m optimistic about STRC’s profit model. I’ve always thought STRC’s business model is kind of dumb. It’s essentially a product that goes long on Bitcoin. If Bitcoin goes up, STRC’s profit is just dividends, but if Bitcoin goes down, STRC will drop too. This means there’s a ceiling for gains, but the downside is huge. That’s not appealing to me, so when Bitcoin was at $63,000, I chose to buy Bitcoin directly instead of STRC. Of course, this is just my personal choice. Bitget is here, and it’s VIP all the way! Crypto, U.S. stocks, CFDs—get ahead globally in one place!