Strategy CEO: Raising STRC interest rates is not an effective means to drive re-pegging, plans to maintain rate at 12%

Odaily News, Strategy CEO Phong Le said during this morning's earnings call: "We have found that raising the STRC interest rate is actually not an effective way to bring it back to par. Our current plan is to maintain the interest rate at 12%. Of course, we can also buy back STRC, and as everyone has seen, we have already begun working on that."