— 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.
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— Michael Saylor, MicroStrategy
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 traded as low as $73.62 on the Nasdaq today — 26.4% below the $100 price that the stock is meant to hold.
Strategy once claimed to have seven decades of dividend coverage from its BTC holdings. Now it has only three.
— Michael Saylor, MicroStrategy
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 diluted common stockholders to build a USD reserve for dividend and interest payments, then used the cash for something else.
— Michael Saylor, MicroStrategy
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 bitcoin acquisition strategy has cost over $1 billion and it has generated annual returns of just 1%.
Strategy founder Michael Saylor keeps announcing relatively expensive BTC buys near the top of each week’s trading range.
— Michael Saylor, MicroStrategy
When BTC was above $84K, Strategy founder Michael Saylor said, “sell a kidney if you must, but keep the BTC.” Yesterday, BTC hit $63K.
— Michael Saylor, MicroStrategy
Strategy might be able to survive until BTC hits $8,000, but common shareholders will lose hope in treasury coverage in the $20,000s.