STRC could be funding more Strategy bitcoin buys than ever
Real-time estimates of Strategy STRC-funded BTC buys indicate that this week might be its biggest capital raise ever.
Real-time estimates of Strategy STRC-funded BTC buys indicate that this week might be its biggest capital raise ever.
When BTC was above $84K, Strategy founder Michael Saylor said, “sell a kidney if you must, but keep the BTC.” Yesterday, BTC hit $63K.
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 is using AI slop to liken Strategy’s STRC dividends to the interest payments of regulated money market funds.
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%.