Bitcoin24h $69,296.93+3.00%

Ethereum24h $2,119.16+2.66%

BNB24h $603.84+1.78%

XRP24h $1.33+1.20%

Solana24h $82.25+1.82%

TRON24h $0.3190+0.45%

Dogecoin24h $0.0926+0.59%

Hyperliquid24h $36.90+1.42%

UNUS SED LEO24h $10.10+0.16%

Cardano24h $0.2532+2.14%

MSTR outperformed bitcoin on just 22 days in the past year

MSTR investors have grown accustomed to outperforming BTC, but they’ve actually underperformed it for 90% of the past year.

Michael Saylor was selling MSTR ahead of S&P 500 decision

Strategy was selling hundreds of millions of dollars worth of MSTR ahead of the company’s disappointing S&P 500 Index news.

Since revoking his promise not to dilute MSTR to buy BTC between 1-2.5X mNAV, Michael Saylor has diluted by another $735.2M.

Jim Chanos’ hedged MSTR short-sale is probably up 15-35% depending on the assumptions you make about his cost basis and fees.

Michael Saylor is taking advantage of revised corporate guidance that would have limited MSTR dilution between 1x and 2.5x mNAV.