How Michael Saylor replaced ‘bitcoin’ with ‘credit’
A new audit of Michael Saylor’s posts charts the moment BTC's loudest evangelist switched his focus to credit.
Results for Crypto, MSTR, Strategy
61 stories, newest first
Strategy authorizes massive BTC sale after 52-week lows
Strategy announces unprecedented plan to sell BTC to pay for dividends and buy-back MSTR, STRC, and its other stocks.
— Michael Saylor, MicroStrategy
Strategy’s STRC hit another all-time low today
Strategy’s dividend-paying STRC hit another all-time low today after losing one quarter of its value over the past 30 days alone.
STRC crashes as Strategy’s unrealized BTC losses exceed $13 billion
STRC traded as low as $73.62 on the Nasdaq today — 26.4% below the $100 price that the stock is meant to hold.
STRC at all-time low as Strategy loses 40 years of dividend coverage
Strategy once claimed to have seven decades of dividend coverage from its BTC holdings. Now it has only three.
— Michael Saylor, MicroStrategy
Bitcoin plummets to $67K after Strategy sale
BTC fell 4.4% within 24 hours of Strategy disclosing its voluntary sale of 32 BTC. Two hours later, it fell another 2%.
— Michael Saylor, MicroStrategy
Strategy’s USD reserve didn’t last long
Strategy diluted common stockholders to build a USD reserve for dividend and interest payments, then used the cash for something else.
— Michael Saylor, MicroStrategy
Strategy CEO bought $19K of STRC for his kids after making $37M
The CEO of Strategy has made $37 million in total compensation over the past three years while buying less than $20,000 in STRC for his kids.
— Michael Saylor, MicroStrategy
Strategy’s BTC binge has cost it $1 billion in expenses
Strategy’s bitcoin acquisition strategy has cost over $1 billion and it has generated annual returns of just 1%.
Strategy’s STRC gives hedge funds a new reason to short MSTR
A possible interplay of Strategy STRC issuances is creating an uptick in short-selling demand for MSTR.