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Bitcoin-accepting Atlantis takes on the Silk Road

Bitcoin-accepting Atlantis is poised to take on the Silk Road, which remains by far the biggest drug sales site.

Updated Sep 10, 2021, 11:24 a.m. Published Jun 27, 2013, 7:00 p.m.
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Strategy Executive Chairman Michael Saylor on CoinDesk Television

Strategy aim to reduce volatility, enable consistent bitcoin buying, and create the only bi-monthly paying preferred shares in the market.

What to know:

  • Semi-monthly payouts are expected to reduce the typical post-ex-dividend price drop, lower volatility, and help keep STRC trading closer to its $100 par value.
  • More frequent distributions should reduce reinvestment lag and spread buying activity more evenly throughout the month, allowing Strategy to purchase bitcoin at a steadier pace while...