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Michael Saylor Proves Bitcoin Is Tame With a Chart Where His Own Stock Hits 94%
Michael Saylor shared a chart showing Bitcoin's volatility now matches Nvidia's at 39%. Strategy's 12%-yield Stretch (STRC) preferred stock swings less than any Magnificent Seven tech giant, but slid to about $75 in late June, roughly 25% below its $100 par value, before the company stepped in.
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What happened
Michael Saylor shared a chart showing Bitcoin's volatility now matches Nvidia's at 39%. Strategy's 12%-yield Stretch (STRC) preferred stock swings less than any Magnificent Seven tech giant, but slid to about $75 in late June, roughly 25% below its $100 par value, before the company stepped in.
Confirmed
Global impact / market context
Calmer Bitcoin volatility makes it look more like a stable holding, which could draw cautious investors. But STRC's slide below par before company support warns that yield products can still fall, so investors might reassess the risk of borrowed-money strategies tied to crypto.
Analyst inference
Bitcoin volatility matching Nvidia's suggests crypto is behaving more like a major tech stock, possibly changing how investors compare the two. STRC's drop and rescue show company-backed tokens can need support, raising questions about capital available to defend such products.
Analyst inference
What to watch
- Watch whether Bitcoin's volatility stays near 39% as Nvidia's does, since a shift would change how investors compare crypto with major tech stocks. Confirmed
- Strategy could disclose more support for STRC if it trades below its $100 par value, a step that may require cash or borrowed money and affect its capital available. Proposed
- If STRC keeps swinging less than Magnificent Seven tech giants, income-focused investors may move money into it, altering demand for similar yield products and crypto-linked preferred shares. Analyst inference
Affected assets
- BTC — Bitcoin