ChatGPT Helped Inspire Strategy’s STRC Idea

Strategy founder Michael Saylor said that the idea for the STRC preferred shares came after a conversation with ChatGPT.

STRC is a financial product that helps the company raise money to buy more Bitcoin, while investors receive a fixed return on their investment.

Interestingly, the AI-assisted idea is now facing a tough period. STRC shares recently dropped to around $82.5, even though their face value is $100, pushing the investor yield up to about 11.5%.

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