Strategy CEO: Increasing the STRC Interest Rate Is Not an Effective Measure to Drive Repegging, Plans to Maintain the Rate at 12%
July 31st, Strategy CEO Phong Le stated in this morning's earnings call: "We have found that increasing the STRC interest rate is not actually an effective measure to bring back the face value. Our current plan is to maintain the interest rate at 12%. Of course, we can also buy back STRC, as you can see we have already started to do."