Strategy stock is on the slide but at least it bought a nice new jet
As Strategy’s stock price continues to slide, online sleuths noticed that the company spent $27M on a “deposit” for a new corporate jet.
As Strategy’s stock price continues to slide, online sleuths noticed that the company spent $27M on a “deposit” for a new corporate jet.
Michael Saylor’s Strategy has slashed its EPS guidance and diluted its MSTR shareholders without purchasing BTC.
S&P Dow Jones Indices didn’t add Strategy to its S&P 500 Index in its November 24 announcement. The next possibility is December 5.
Compensation to executives of crypto companies has remained high, no matter how poorly their stock prices perform.
Jim Chanos profited by shorting the premium of MSTR to its BTC, but he missed out on the final, exceptionally profitable leg of that trade.