Saturn spent 17 million dollars to increase its position in STRC, bringing the total holdings to approximately 50 million dollars

On-chain yield stablecoin developer Saturn announced that it has added approximately $17 million in Strategy's perpetual preferred stock STRC-related shares over the past three days, bringing its total holdings to about $50 million.

Analysts believe that Saturn's continued accumulation reflects its long-term confidence in the asset structure and yield mechanism of STRC, further strengthening its asset allocation in the on-chain yield stablecoin strategy.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.