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One platform for global traditional assets
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Benchmark analyst Mark Palmer stated that MicroStrategy's STRC preferred stock is evolving into a core revenue source for stablecoin protocols within the Bitcoin economy. Originally used to fund Bitcoin purchases, the tool has now become the foundation for projects like Buck Labs' BUCK token and Saturn Labs' USDat protocol, which all leverage its yields. MicroStrategy recently increased the dividend on STRC to 11.5%. Benchmark maintains a target price of $705 for MSTR.