PANews, June 21 – Crypto punk pioneer Adam Back publicly refuted the market’s negative narrative targeting Strategy and its STRC preferred shares, stating that such pessimistic views lack factual support. He explained that the company sells bitcoin solely to distribute dividends to investors, and its core bitcoin reserve strategy remains unchanged. This approach, in fact, delivers returns to investors while simultaneously reducing debt levels.

Adam Back further stated that Strategy is implementing a new financial paradigm in the market, demonstrating that bitcoin can be used as a corporate cash-alternative asset for treasury management and capital operations. The current panic surrounding MSTR and STRC is clearly exaggerated, and there is no “zeroing out” risk. The company’s long-term core value lies in continuously accumulating bitcoin and driving industry and market recognition of bitcoin’s monetary properties.