Strive VP: Strategy Holds $51.5 Billion in BTC, STRC Debt Risk is Controllable

Odaily Planet Daily News Strive Vice President Joe Burnett posted on X platform, stating that before the Luna/UST collapse, the circulating supply of UST was approximately $18.7 billion, backed by only about $3.1 billion in BTC, and UST could be redeemed instantly.

Today, Strategy holds approximately $51.5 billion in BTC, with the outstanding STRC amounting to about $10.5 billion, and STRC cannot be redeemed instantly. There are significant differences between the two.