80% of Strategy’s ‘Stretch’ buyers are mom-and-pop investors
Stretch shares are an on-ramp for people who believe Bitcoin will be around for the long term but can’t handle the near-term volatility, explained Michael Saylor.
Retail investors dominate Strategy’s “Stretch” shares, which have been used to acquire over $1 billion worth of Bitcoin this year.
Roughly 80% of STRC holders are retail investors, according to CEO Phong Le, who said on Wednesday that these investors “prefer low-volatility, high-yield digital credit.”
“Retail investors prefer low-volatility, high-yield digital credit,” he added.