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The justification for supporting competitors is that it benefits the Bitcoin and Digital Credit ecosystems over the long run. This is logical rationale for common equity investors. But STRC was not sold to investors as a long duration growth vehicle whose returns depend on ecosystem development decades into the future. It was sold as a cash management or money market type instrument focused on yield, stability, and preservation of value. Therefore, management should prioritize outcomes that directly benefit STRC holders today rather than asking them to accept disadvantages in pursuit of speculative long term ecosystem benefits. $STRC $MSTR

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