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      Strategy's preferred stock financing may cost it bitcoin, K33 argues.K33 estimates $STRC

      THE BLOCK: Strategy's preferred stock financing may cost it bitcoin, K33 argues.K33 estimates $STRC added $725 million to Strategy's annual dividend obligations, equivalent to roughly 8,740 bitcoin:native at $83,000. The firm says those costs could outweigh its 4,947 BTC advantage over a hypothetical alternative financing strategy in about seven months.

      Source: The Block
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud