MicroStrategy pauses buys, says MSTR shareholders don’t own its bitcoin
MicroStrategy didn’t buy any BTC last week. Not only that, MSTR shareholders don’t even own the company’s BTC.
Results for MSTR
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— Michael Saylor, MicroStrategy
15% discount and 17% yield boost made Strategy STRF sale ‘upsized’
Although dividend and liquidation preference numbers for Strategy’s STRF appear unchanged, initial buyers are getting a de facto discount.
— Michael Saylor, MicroStrategy
Michael Saylor will pay 18% dividends to buy bitcoin if he has to
Michael Saylor has invented yet another way to raise capital to buy BTC for Strategy: STRF preferreds with higher cash dividends.
CHART: Bitcoin crashes toward Strategy (MSTR) cost basis
The cost basis of Strategy's bitcoin purchases has steadily risen over time, yet the price of bitcoin itself is on the decline.
— Michael Saylor, MicroStrategy
How much pain can Strategy take before debt exceeds bitcoin?
Strategy (MSTR) owes $8.2 billion to creditors. Bitcoin needs to stay above a certain price for Michael Saylor to service these debts.
Michael Saylor’s bitcoin announcements no longer seem to pump MSTR stock
Investors dumped Strategy (formerly MicroStrategy) stock following Michael Saylor’s four most recent bitcoin purchase announcements.
— Michael Saylor, MicroStrategy
Strategy trades at nine-month low multiple to its bitcoin holdings
Investors are willing to pay the worst premium in nine months for MSTR shares as a multiple of the company’s bitcoin holdings.
— Michael Saylor, MicroStrategy
Is MicroStrategy’s $563M STRK really oversubscribed?
MicroStrategy reportedly raised $563.4M via its new Series A Perpetual Strike Preferred Stock after targeting just $250M for the raise.
— Michael Saylor, MicroStrategy
MicroStrategy invents a new way to dilute shareholders with STRK
MicroStrategy has filed a hybrid securities shelf registration, STRK, to dilute demand for MSTR and buy more bitcoin.
Bitcoin up, MicroStrategy down over past 30 days
Bitcoin ironically dipped below $94K during the firework-filled climax to MicroStrategy founder Michael Saylor's "$100K" New Year's Eve party.