Michael Saylor’s STRC has been off parity for five months
Despite Strategy’s attempts to bring STRC back to par, the perps have stubbornly remained below parity since May 15.
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Despite Strategy’s attempts to bring STRC back to par, the perps have stubbornly remained below parity since May 15.
Read more (2 min) →A powerful committee adopted “non-operating company” rules that could remove Strategy from the prestigious MSCI World Index.
— 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.
— 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.
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.
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.
— Michael Saylor, MicroStrategy
Strategy’s bitcoin acquisition strategy has cost over $1 billion and it has generated annual returns of just 1%.