The analysts underscored that Strategy's Stretch (STRC) can't technically lose its “peg.
Source: [Decrypt](https://decrypt.co/371814/strategy-bitcoin-strc-terra-luna-benchmark)
Strategy (formerly MicroStrategy) raised $335. 5 million by selling common stock last week, then placed almost 90% of the proceeds into cash rather than Bitcoin as the company moved to shore up the preferred securities financing its cryptocurrency purchases. The company sold about 2.
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The beloved music executive died Monday at age 94
The new unit arrives amid rapid growth in tokenized assets, with Franklin Templeton's onchain product suite expanding from roughly $768 million to more than $2. 5 billion over the past year.
Developing story — details emerging. Check the source link for the latest updates.
Some of Ethereum's largest holders are coming together to fund a new research and development lab aimed at boosting the network and ETH.