Wall Street loves selling crypto treasury stocks
It's difficult to explain the valuations of many crypto treasury companies trading on stock markets across the globe.
Results for MSTR, MicroStrategy
95 stories, newest first
— Carl Rickertsen, MicroStrategy
MicroStrategy director quietly dumps all his MSTR shares
MicroStrategy's Carl Rickertsen sold over $10M this year, admitted zero ownership, and continued an uninterrupted series of insider sales.
MicroStrategy bought BTC at nearly the worst possible price last week
Looking at a chart of BTC when MicroStrategy was buying last week, skeptics think Michael Saylor paid nearly the worst price possible.
Bitcoin crashed below Michael Saylor’s ‘sell your kidney’ price
As BTC crashed below the price at which Michael Saylor suggested selling a kidney, he reminded us that its price never declines in BTC terms.
MicroStrategy pauses buys, says MSTR shareholders don’t own its bitcoin
MicroStrategy didn’t buy any BTC last week. Not only that, MSTR shareholders don’t even own the company’s BTC.
— Michael Saylor, MicroStrategy
15% discount and 17% yield boost made Strategy STRF sale ‘upsized’
Although dividend and liquidation preference numbers for Strategy’s STRF appear unchanged, initial buyers are getting a de facto discount.
— Michael Saylor, MicroStrategy
Michael Saylor will pay 18% dividends to buy bitcoin if he has to
Michael Saylor has invented yet another way to raise capital to buy BTC for Strategy: STRF preferreds with higher cash dividends.
CHART: Bitcoin crashes toward Strategy (MSTR) cost basis
The cost basis of Strategy's bitcoin purchases has steadily risen over time, yet the price of bitcoin itself is on the decline.
— Michael Saylor, MicroStrategy
How much pain can Strategy take before debt exceeds bitcoin?
Strategy (MSTR) owes $8.2 billion to creditors. Bitcoin needs to stay above a certain price for Michael Saylor to service these debts.
Michael Saylor’s bitcoin announcements no longer seem to pump MSTR stock
Investors dumped Strategy (formerly MicroStrategy) stock following Michael Saylor’s four most recent bitcoin purchase announcements.