Buy STRC and make 28%? Traders say no thanks
The effective yield of STRC is 14% with a 28% total return on offer, yet it still cannot hold the $100 par value that Strategy intends.
Results for MSTR
121 stories, newest first
Strategy dumps 3,500 BTC in largest sale… yet
After predicting a rally that didn’t arrive, Michael Saylor waited for a 52% drawdown and sold at a loss to Strategy’s BTC cost basis.
‘OK, we’re done’: Michael Saylor rage quits another interview
With the price of BTC and Strategy crashing, Michael Saylor grew frustrated with another reporter’s questions, ending the interview cold.
How Michael Saylor replaced ‘bitcoin’ with ‘credit’
A new audit of Michael Saylor’s posts charts the moment BTC's loudest evangelist switched his focus to credit.
Strategy authorizes massive BTC sale after 52-week lows
Strategy announces unprecedented plan to sell BTC to pay for dividends and buy-back MSTR, STRC, and its other stocks.
— Michael Saylor, MicroStrategy
Strategy’s STRC hit another all-time low today
Strategy’s dividend-paying STRC hit another all-time low today after losing one quarter of its value over the past 30 days alone.
STRC crashes as Strategy’s unrealized BTC losses exceed $13 billion
STRC traded as low as $73.62 on the Nasdaq today — 26.4% below the $100 price that the stock is meant to hold.
STRC at all-time low as Strategy loses 40 years of dividend coverage
Strategy once claimed to have seven decades of dividend coverage from its BTC holdings. Now it has only three.
— Michael Saylor, MicroStrategy
Bitcoin plummets to $67K after Strategy sale
BTC fell 4.4% within 24 hours of Strategy disclosing its voluntary sale of 32 BTC. Two hours later, it fell another 2%.
— Michael Saylor, MicroStrategy
Strategy’s USD reserve didn’t last long
Strategy diluted common stockholders to build a USD reserve for dividend and interest payments, then used the cash for something else.