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Saylor Fires $176M at STRC as Strategy Doubles Buyback War Chest – Bitcoin News

Key Takeaways Strategy repurchased $176 million of STRC and expanded its buyback program to $2 billion. The company’s founder Michael Saylor revealed the news. Gold bug and economist Peter Schiff questioned STRC demand despite its 12% dividend as Strategy supports the security. Market observers will watch STRC demand and the company’s 845,050 bitcoin holdings. Strategy…

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Robinhood AMC tokens expose limits of short squeezes

Robinhood’s tokenized AMC product briefly traded far above the referenced stock during the U.S. Labor Day weekend, prompting a fresh test of whether activity on Robinhood Chain can move real equity markets. Summary Robinhood Stock Tokens provide economic exposure but grant holders no ownership or voting rights whatsoever. IOSG estimated tokenized AMC supply expanded nineteenfold…

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