Buying the dip? Strategy prefers the top of the range
Strategy founder Michael Saylor keeps announcing relatively expensive BTC buys near the top of each week’s trading range.
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Strategy founder Michael Saylor keeps announcing relatively expensive BTC buys near the top of each week’s trading range.
Nasdaq-listed BTC treasury company Strive has announced a $50M cash purchase of fellow BTC treasury company Strategy’s STRC.
— 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.
— Michael Saylor, MicroStrategy
Strategy’s corporate debt recently hit a bearish milestone after MSTR dipped below the final, lowest convertibility price of $149.77.
— Michael Saylor, MicroStrategy
In 2000, Strategy co-founder Michael Saylor lost $6B in one day. He lost even more yesterday, for shareholders of that same company.