Bitcoin Investor Warns of ‘Stretch’ Stock’s Volatility Risks
Bitcoin investor Tarun Chitra is warning that the company’s “Stretch” stock, a perpetual preferred stock issued by Bitcoin hoarder Strategy, may collapse due to its high volatility risks. The stock, which offers 11.5% biweekly payouts, has seen its price drop to $74 after its launch just a year ago. Industry experts believe that Strategy’s ability … Read more