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STRC purchase by family office draws criticism, Richard Byworth notes

STRC purchase by family office draws criticism, Richard Byworth notes
STRC family office buy sparks backlash

Richard Byworth, former CEO at Diginex / Eqonex, shared that he recently posted about a STRC buy executed by a family office.

He noted that some social media users responded with accusations, including being labeled a grifter, liar, paid shill for Strategy, and more. Byworth commented on the skepticism and observed that some individuals prefer to buy higher and struggle to understand alternative strategies.

Byworth previously reported that a family office sold 25 percent of its Micron holdings to buy STRC as part of a portfolio adjustment earlier this year. In another note, he addressed claims about Saylor’s bitcoin sales, describing tax efficiency as the main driver for the transactions in a separate analysis. These prior comments contributed to continued debate around his market views.

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.

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