Blockstream CEO Adam Back Dismisses Negative Views on Strategy's STRC, Says It Won't 'Go to Zero'

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According to BlockBeats, Adam Back, CEO of Blockstream and an early bitcoin contributor, stated on June 21 that market criticism of Strategy and its preferred stock STRC lacks merit. Back said Strategy is selling bitcoin to pay dividends without changing its core bitcoin reserve strategy, while lowering debt ratios. He argued the company is demonstrating a new financial model where bitcoin serves as a capital asset for corporate treasury and operations, and that surrounding FUD is exaggerated.
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