Strategy dumps 3,500 BTC in largest sale… yet
After predicting a rally that didn’t arrive, Michael Saylor waited for a 52% drawdown and sold at a loss to Strategy’s BTC cost basis.
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After predicting a rally that didn’t arrive, Michael Saylor waited for a 52% drawdown and sold at a loss to Strategy’s BTC cost basis.
Read more (3 min) →A new audit of Michael Saylor’s posts charts the moment BTC's loudest evangelist switched his focus to credit.
— Michael Saylor, MicroStrategy
Strategy’s dividend-paying STRC hit another all-time low today after losing one quarter of its value over the past 30 days alone.
Strategy once claimed to have seven decades of dividend coverage from its BTC holdings. Now it has only three.
We calculated the present value of STRC and compared it to various metrics that reveal the difficult math behind BTC yield.