Strategy dips on bad MSCI World Index news
A powerful committee adopted “non-operating company” rules that could remove Strategy from the prestigious MSCI World Index.
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A powerful committee adopted “non-operating company” rules that could remove Strategy from the prestigious MSCI World Index.
Read more (3 min) →— Michael Saylor, MicroStrategy
Strategy spent recent weeks rebuying 5,553 of the BTC it sold this summer. After selling low and re-buying high, the cost exceeds $100M.
It’s been four months since Strategy’s STRC broke parity and its execs made getting it back to its $100 peg their number one priority.
Strategy’s STRC, which pays twice-monthly dividends on $100/share of par value, fell from parity on May 15 and hasn't returned.
— BTC, Jim Chanos
Jim Chanos has called the ballooning share count at Strategy a "pure arbitrage" opportunity to bet against MSTR while staying long BTC.
Michael Saylor’s 2.5x mNAV anti-dilution pledge lasted less than three weeks. Strategy has sold $14.3B of MSTR below that mNAV since.
— Michael Saylor, MicroStrategy
Michael Saylor keeps raising cash for STRC holders who've watched him shift his promises, so the discount below par is persisting.
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.
— Michael Saylor, MicroStrategy
Strategy’s STRC is trading well below $100 with just one week to go until its dividend snapshot date, leaving Strategy with few options.