— Michael Saylor, MicroStrategy
Strategy paid $100M extra to buy back the bitcoin it sold
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.
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— 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.
Read more (2 min) →— 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 bitcoin acquisition strategy has cost over $1 billion and it has generated annual returns of just 1%.
We calculated the present value of STRC and compared it to various metrics that reveal the difficult math behind BTC yield.
— Michael Saylor, MicroStrategy
Michael Saylor is using AI slop to liken Strategy’s STRC dividends to the interest payments of regulated money market funds.
— Michael Saylor, MicroStrategy
Michael Saylor has so much debt that a CNBC analyst couldn’t think of one bank that would roll Strategy‘s bonds if BTC crashed 90%.
— Michael Saylor, MicroStrategy
Strategy has been running X ads, trying to sell preferred shares of STRC. The campaign doesn’t seem to be doing much.
— Michael Saylor, MicroStrategy
Michael Saylor's Strategy had a golden opportunity to profit $33B just four months ago. Instead, it's lost billions.
— Michael Saylor, MicroStrategy
The price of BTC fell below $74,600 last night which was less than Strategy’s average buy price of $76,052.
— Michael Saylor, MicroStrategy
Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues.