Products marketed as a safer, income-generating way to gain Bitcoin (BTC) exposure are drawing renewed scrutiny after trading prices broke below par—highlighting a widening gap between what investors believe they own and what they actually hold.
Strategy—the company formerly known as MicroStrategy—has attracted roughly $15 billion across a suite of preferred securities including STRC, STRF, and STRK, alongside a competing structure from Strive, often discussed under the “SATA” label. These instruments have been pitched to crypto investors using familiar promises: “backed by Bitcoin,” “fixed… Read more





