Tutorial on Digital Credit: $STRD ("Stride")

good to see no bikini model explaining it

finally a tutorial that doesn't start with someone sitting in a lambo

Do one on shares outstanding next.

@saylor digital credit tutorial makes $STRD feel tangible.

I tried to buy STRC stock through my broker here in the UK, IG. But they wouldn't allow the purchase "due to MiFID restrictions". I can buy via an ETF, but the dividends are rolled up rather than paid in cash. Any chance this will change in the future?

@saylor 👍

Worth putting on slide one: STRD dividends are non-cumulative. A skipped payment is gone for good, unlike STRF. That's the risk the higher yield pays you for.

Based🍊🟦👀

Digital credit is the future.

Saylor is transforming from a speculator into a community builder. After weathering the crisis caused by the Bitcoin crash, he has finally come to understand that involving more people in the issuance process allows them to collectively mitigate risks.

@saylor 👍👍👍👍 STRD I will buy some

A useful breakdown of STRD and how digital credit works. Understanding the fundamentals is key to making informed decisions in crypto.

Keep being you! 🎀

@saylor stride is just preferred equity with a mstr spread, retail’s exit liquidity dressed as digital credit

@saylor Digital credit structures like $STRD add another layer to the basis trade: the real edge is modeling their implied duration against BTC's vol surface, not just collecting the yield.

@saylor Digital credit structures like $STRD hinge on basis spread stability and vol-adjusted carry; the real edge is modeling redemption convexity against BTC drawdown regimes, not just yield.

Rendere comprensibile il credito digitale è metà del lavoro: la gente scappa proprio sui tecnicismi.

tbh digital credit tutorials are underrated, this one actually breaks it down

@saylor @interchainriley 🥲

Crypto is garbage stop making CEX rich

$STRD 👀