Michael Thaler: STRC Bitcoin credit spread narrows to 59 basis points

Michael Thaler, executive chairman of Strategy, said that Strategy's current dollar duration is 3.3 years and the credit spread on Bitcoin for STRC preferred stock has narrowed by 1 basis point to 59 basis points. This calculation assumes an annualized return of 10% for Bitcoin, a volatility of 40%, and a Bitcoin price of $76,700.