Strive VP: Strategy Holds $51.5B Bitcoin, $10.5B STRC Debt Backed by 5x UST Collapse Ratio

BTC-3.22%
LUNA-2.11%
According to Strive VP Joe Burnett, Strategy currently holds approximately $51.5 billion in Bitcoin, with STRC outstanding obligations at roughly $10.5 billion and redeemable only upon maturity. This contrasts sharply with Luna/UST pre-collapse metrics, where UST had $18.7 billion in circulation backed by just $3.1 billion in Bitcoin, with immediate redemption enabled. The structural differences significantly reduce debt risk, Burnett noted on X.
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