Retirees misled by AI ads for STRC offering 11.5 percent yield, Vinny Lingham warns

Retirees misled by AI ads for STRC offering 11.5 percent yield, Vinny Lingham warns
Saylor preferred shares under par

Vinny Lingham, co-founder, chairman and CEO at Civic, raises concerns about the performance of preferred shares issued by Saylor, stating all are currently trading below par.

Lingham also expresses sympathy for retirees who were reportedly convinced by AI advertising last month to invest in STRC, lured by promises of an 11.5 percent yield and claims of safety.

Lingham previously highlighted the approach of Bitcoin to its $60,000 support level after STRC fully depegged. He also noted that Strategy’s selling power appeared depleted following the depeg. Further details can be found in his recent analysis of Strategy and STRC.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.