Strive bought STRC instead of holding ‘idle cash,’ lost over $4M
Strive told shareholders that it was choosing to hold STRC instead of idle cash, a swap that has cost shareholders millions of dollars.
Results for Michael Saylor, Strategy
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— Michael Saylor, MicroStrategy
No amount of cash can fix STRC’s trust problem
Michael Saylor keeps raising cash for STRC holders who've watched him shift his promises, so the discount below par is persisting.
Buy STRC and make 28%? Traders say no thanks
The effective yield of STRC is 14% with a 28% total return on offer, yet it still cannot hold the $100 par value that Strategy intends.
‘OK, we’re done’: Michael Saylor rage quits another interview
With the price of BTC and Strategy crashing, Michael Saylor grew frustrated with another reporter’s questions, ending the interview cold.
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.
— 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.
— Michael Saylor, MicroStrategy
Michael Saylor wants $100 STRC — the market says different
Strategy’s STRC is trading well below $100 with just one week to go until its dividend snapshot date, leaving Strategy with few options.
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
Strategy’s ‘stable’ STRC spends a lot of time below its $100 target
Between its dividend snapshot dates, holding Strategy’s STRC is risky and full of historical examples of downside volatility.