[CZ Comments on Strategy: Asset Structure Too Complex, but Considers Michael Saylor a 'Strong Bitcoin Supporter'] On June 29, CZ stated in an interview that the preferred stock structure of Strategy, STRC, is 'too complex,' adding that 'it took several attempts to fully understand STRC.' This product relies on Bitcoin as the underlying collateral, which introduces a structural contradiction: while the long-term appreciation theory of Bitcoin may be reasonable, its volatility makes it a challenging foundation for a leveraged tool. CZ also emphasized that he would not comment on the credibility of its founder, Michael Saylor, but considers him a 'strong Bitcoin supporter.'