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New MSTR ETF offers weekly payouts — until BTC market turns

A new ETF manager wants to leverage MicroStrategy with swaps to amplify risks and payout frequency.

Michael Saylor dumped MSTR, STRF, STRK, STRD for latest bitcoin buy

MicroStrategy diluted all four classes — MSTR, STRK, STRF, and STRD — of its public shareholders last week to buy BTC.

Banking has been a vision of the Bitcoin community since 2010. Michael Saylor wants to make that prediction come true at MicroStrategy.

Fans of Michael Saylor believed that non-dilutive preferred shares would displace dilutive ATMs, but MicroStrategy just admitted the opposite.

MicroStrategy initiated a curiously-timed BTC withdrawal yesterday that exceeded the quantity it disclosed in purchases this morning.