— Michael Saylor, MicroStrategy
Michael Saylor’s Strategy lost $1.2 billion buying bitcoin in Q1
Strategy has been responsible for the vast majority of bitcoin treasury company purchases and their money-losing buys.
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— Michael Saylor, MicroStrategy
Strategy has been responsible for the vast majority of bitcoin treasury company purchases and their money-losing buys.
— Michael Saylor, MicroStrategy
Michael Saylor was happy to quote a CNBC TV news anchor who likened Strategy’s STRC to a money market fund.
After an initial 60% haircut on its market value, BTC-backed mortgages feature no further margin calls or collateral top-ups.
— Michael Saylor, MicroStrategy
Strategy slashed its $20.33B STRK at-the-market offering on March 22 after selling just 5% of its 269.8M share goal.
— Michael Saylor, MicroStrategy
Strategy founder Michael Saylor has increased the dividend rate on STRC so high that it's now roughly 60% of a typical credit card rate.
— 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.
— Michael Saylor, MicroStrategy
Michael Saylor is using AI slop to liken Strategy’s STRC dividends to the interest payments of regulated money market funds.
— Michael Saylor, MicroStrategy
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 has been running X ads, trying to sell preferred shares of STRC. The campaign doesn’t seem to be doing much.