Investor interest in STRC, a yield-generating product linked to Michael Saylor’s strategy, is growing steadily despite mounting criticism. This week, Saturn disclosed that it had invested $18 million into the product, bringing its total exposure to around $33 million.
STRC offers an annual yield of roughly 11.5%, paid out regularly, which is attractive to investors seeking predictable returns in the crypto space.
The strategy is using the funds raised through this structure to purchase more Bitcoin. This way, it is reinforcing its position as one of the largest corporate holders of the asset.
However, the model has come under sharp attack from economist Peter Schiff, who has regarded it as a Ponzi-like structure. Schiff argues that STRC is attractive more because of its high yield than the genuine demand for Bitcoin exposure. He has also raised a doubt as to whether the system will remain sustainable if fresh inflows of capital slow down.
Despite these criticisms, demand for STRC has remained intact. The product has continued to attract investors who believe in Saylor’s long-term strategy and are willing to accept the risks in exchange for steady income.
The debate highlights a pronounced tension in crypto markets between innovative financial structures and concerns about sustainability.
Source: X.com
Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV
You need to login in order to Like
Leave a comment