Bitcoin24h $104,304.87-1.62%

Ethereum24h $3,526.42-1.96%

XRP24h $2.44-4.18%

BNB24h $979.70-1.90%

Solana24h $162.80-3.26%

TRON24h $0.2994+1.66%

Dogecoin24h $0.1773-2.59%

Cardano24h $0.5773-2.57%

Hyperliquid24h $40.16-3.84%

Chainlink24h $15.94-3.08%

Strategy fails to list options on its flagship preferred, STRK

Options are trading for every type of share at Michael Saylor’s Strategy, except for the company’s first and most bullish preferred share.

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.

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.