Strategy manager wrong about BTC backing STRC
The manager mistakenly claimed that Strategy’s BTC collateralizes shares of its stock, even though it doesn’t.
The manager mistakenly claimed that Strategy’s BTC collateralizes shares of its stock, even though it doesn’t.
Carl Rickertsen, on the board of directors for Strategy, has filed his first insider purchase of MSTR in over three years.
Strategy bought a lot of BTC last week, but shareholders still have less per share now than a couple of months ago.
The colloquial metric of investor confidence in Strategy, its multiple-to-Net Asset Value or mNAV, has fallen to 1x its BTC holdings.
Michael Saylor’s latest tweet about hard forking BTC for quantum security has his followers hoping it’s AI slop.