Multicoin partner says STRC dividends are too low to re-anchor with BTC's rebound

Comparing news, Multicoin Capital co-founder Tushar Jain said that despite the sharp rise in BTC, STRC has not been re-anchored because its dividend level is too low. STRC was once promoted as a fixed income product, but experienced a sharp retracement of around 30%.

Tushar Jain pointed out that if investors were to bear the risk of such a retracement, STRC's yield would have to increase significantly in order to adequately compensate for these risks.