— Michael Saylor, MicroStrategy
Michael Saylor went from ‘sell a kidney’ to $20 billion loss at Strategy
When BTC was above $84K, Strategy founder Michael Saylor said, “sell a kidney if you must, but keep the BTC.” Yesterday, BTC hit $63K.
Results for MicroStrategy, MSTR
95 stories, newest first
— Michael Saylor, MicroStrategy
$63K to $20K: The price range that decides MSTR’s fate
Strategy might be able to survive until BTC hits $8,000, but common shareholders will lose hope in treasury coverage in the $20,000s.
— Michael Saylor, MicroStrategy
Michael Saylor’s Spinal Tap ad says STRC is like a bank account — it isn’t
Michael Saylor is using AI slop to liken Strategy’s STRC dividends to the interest payments of regulated money market funds.
— Michael Saylor, MicroStrategy
How would Michael Saylor refinance Strategy’s $8.2B debt?
Michael Saylor has so much debt that a CNBC analyst couldn’t think of one bank that would roll Strategy‘s bonds if BTC crashed 90%.
— Michael Saylor, MicroStrategy
Strategy hasn’t sold any STRC shares despite advertising on X
Strategy has been running X ads, trying to sell preferred shares of STRC. The campaign doesn’t seem to be doing much.
— Michael Saylor, MicroStrategy
100% of Strategy’s convertible debt is now out-of-the-money
Strategy’s corporate debt recently hit a bearish milestone after MSTR dipped below the final, lowest convertibility price of $149.77.
— Michael Saylor, MicroStrategy
Michael Saylor’s Strategy sheds $6 billion in a day — again
In 2000, Strategy co-founder Michael Saylor lost $6B in one day. He lost even more yesterday, for shareholders of that same company.
— Michael Saylor, MicroStrategy
Michael Saylor missed out on a $33 billion profit at Strategy
Michael Saylor's Strategy had a golden opportunity to profit $33B just four months ago. Instead, it's lost billions.
— Michael Saylor, MicroStrategy
Bitcoin fell below Strategy average buy price overnight
The price of BTC fell below $74,600 last night which was less than Strategy’s average buy price of $76,052.
— Michael Saylor, MicroStrategy
Strategy market cap down 40% after pivot from bonds to preferreds
Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues.