MicroStrategy investors cheer bitcoin ‘yield’ — but few read fine print
MicroStrategy executives boasted about the ability to yield higher bitcoin exposure per MSTR share over time. We read the fine print.
Bitcoin24h
$92,069.00-0.94%
Ethereum24h
$3,126.90-0.01%
XRP24h
$2.10-3.81%
BNB24h
$897.89-0.84%
Solana24h
$139.60-1.15%
TRON24h
$0.2835+1.50%
Dogecoin24h
$0.1480-1.73%
Cardano24h
$0.4412-0.40%
Bitcoin Cash24h
$573.88-4.00%
Hyperliquid24h
$33.55-2.39%
Michael Saylor dumps quarter billion worth of MSTR while hyping bitcoin
This month alone, Michael Saylor has sold over $70 million worth of MicroStrategy stock, while in March he sold $144 million.
The most expensive bitcoin fund might be MSTR, not GBTC
Buying MSTR appears to earn you 98% value in MicroStrategy’s bitcoin, but when including Class B shares and convertibles, it’s less than 85%.
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Billionaires rally around David Sacks after NYT exposé—by Protos Staff
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Beginning of the end? Strategy dilutes MSTR, slashes EPS guidance 76%—by Protos Staff
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Re7 Labs threatens whistleblower over exposure to yield vault collapse—by Protos Staff
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S&P 500 declines to add Strategy again—by Protos Staff
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S&P Global Ratings says Tether’s stability is ‘weak’—by Protos Staff
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DeFi yield aggregator Yearn discloses September incident in yUSND vault—by Protos Staff
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Calvin Ayre linked to Wirecard collapse on German public TV—by Protos Staff
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Top crypto execs cash in as stocks collapse—by Protos Staff
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CHART: Bitcoin ETFs shed $58B, dropping faster than BTC—by Protos Staff
