Dossier
Schwab Center for Financial Research
Coverage of Schwab Center for Financial Research in the Nexus archive.
- Schwab Strategist Backs Strategy’s STRC Playbook Amid Bitcoin Weakness
Schwab's Jim Ferraioli supports Strategy's STRC stock strategy amid Bitcoin's decline near $60,000. Strategy, the largest corporate Bitcoin holder, raised STRC's dividend to 12% and authorized $2 billion in buybacks to stabilize its stock, which had fallen from $100 par value. The firm shifted from a 'never sell' Bitcoin stance to strategic sales, acknowledging market concerns about cascading liquidations.
- Bitcoin Resistance at $78K and $83K Could Cap Rally: Schwab
The Schwab Center for Financial Research warned that Bitcoin faces key resistance between $78,000 and $83,000 investor cost basis levels, which could cap its current rally. The analysis highlights potential price barriers based on historical investor behavior.