BLACKSTONE DIGITAL ASSET MANAGER: $ STRC AND $BITA ARE NOT COMPETITORS

THE HEAD OF BLACKSTONE DIGITAL ASSETS STATED THAT $ STRC AND $BITA WERE NOT COMPETITORS. DESPITE THEIR APPARENT SIMILARITY IN TERMS OF PROCEEDS, THE MANNER IN WHICH THEY ARE GENERATED AND THE RISK-BENEFIT CHARACTERISTICS DIFFER. HE NOTED THAT DIFFERENT TYPES OF INVESTORS SOUGHT TO ACHIEVE DIFFERENT OBJECTIVES。