VanEck's ETF PFXF purchased 1.27 million STRC tokens, worth $127 million.

Odaily Planet Daily reports that VanEck’s Preferred Securities ex Financials ETF (PFXF), with assets under management of $199.0 billion, disclosed the purchase of 1.27 million shares of Strategy’s perpetual preferred stock, Stretch STRC, for a value of $127.0 million, accounting for 6% of its digital credit net asset value. (BitcoinTreasuries.NET)

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