Strive VP: Strategy Holds $51.5B in BTC, STRC Debt Risk Manageable

Odaily Planet Daily News: Joe Burnett, Vice President of Strive, 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 was redeemable instantly.

Currently, Strategy holds approximately $51.5 billion in BTC, with the outstanding STRC balance at about $10.5 billion, and STRC is not redeemable instantly. There are significant differences between the two.