— Michael Saylor, MicroStrategy
Michael Saylor will pay 18% dividends to buy bitcoin if he has to
Michael Saylor has invented yet another way to raise capital to buy BTC for Strategy: STRF preferreds with higher cash dividends.
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— Michael Saylor, MicroStrategy
Michael Saylor has invented yet another way to raise capital to buy BTC for Strategy: STRF preferreds with higher cash dividends.
The cost basis of Strategy's bitcoin purchases has steadily risen over time, yet the price of bitcoin itself is on the decline.
— Michael Saylor, MicroStrategy
Strategy (MSTR) owes $8.2 billion to creditors. Bitcoin needs to stay above a certain price for Michael Saylor to service these debts.
As the price of bitcoin declined 25% from its January 20 high, Michael Saylor started talking about selling kidneys to HODL.
Investors dumped Strategy (formerly MicroStrategy) stock following Michael Saylor’s four most recent bitcoin purchase announcements.
— Michael Saylor, MicroStrategy
Investors are willing to pay the worst premium in nine months for MSTR shares as a multiple of the company’s bitcoin holdings.
According to Strategy founder Michael Saylor, buying bitcoin strengthens the network while selling weakens it.
Strategy reported earnings this week with Michael Saylor focusing on financial abstraction across an hour-long webinar.
— Michael Saylor, MicroStrategy
MicroStrategy reportedly raised $563.4M via its new Series A Perpetual Strike Preferred Stock after targeting just $250M for the raise.
Some X users suspected that the problem lay with the use of a deposit address created before deployment on Ethereum’s mainnet.