— Michael Saylor, MicroStrategy
Strategy manager wrong about BTC backing STRC
The manager mistakenly claimed that Strategy's BTC collateralizes shares of its stock, even though it doesn't.
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— Michael Saylor, MicroStrategy
The manager mistakenly claimed that Strategy's BTC collateralizes shares of its stock, even though it doesn't.
— Michael Saylor, MicroStrategy
Strategy bought a lot of BTC last week, but shareholders still have less per share now than a couple of months ago.
— Michael Saylor, MicroStrategy
The colloquial metric of investor confidence in Strategy, its multiple-to-Net Asset Value or mNAV, has fallen to 1x its BTC holdings.
— Michael Saylor, MicroStrategy
Michael Saylor's Strategy has slashed its EPS guidance and diluted its MSTR shareholders without purchasing BTC.
— Michael Saylor, MicroStrategy
S&P Dow Jones Indices didn't add Strategy to its S&P 500 Index in its November 24 announcement. The next possibility is December 5.
— Michael Saylor, MicroStrategy
Jim Chanos profited by shorting the premium of MSTR to its BTC, but he missed out on the final, exceptionally profitable leg of that trade.
— Michael Saylor, MicroStrategy
Strategy investors invented the term "mNAV" to boast about overpaying for MSTR stock. That came back to haunt them.
— Michael Saylor, MicroStrategy
Several people have cheered on the FCKD joke, encouraging Saylor to issue a preferred stock with the ticker symbol STRU.
— Michael Saylor, MicroStrategy
Strategy has to pay $689M to not sell any of its BTC, and those costs have increased every quarter since 2021.
— Michael Saylor, MicroStrategy
Michael Saylor has been particularly optimistic about expanding STRC domestically and abroad, yet his STRC ATM sales to date are $0.