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
$64,555.94+0.67%
Ethereum24h
$1,907.60+2.07%
BNB24h
$593.07+0.04%
XRP24h
$1.06-1.24%
Solana24h
$73.95+0.23%
TRON24h
$0.3270+0.02%
Hyperliquid24h
$56.92+3.40%
Dogecoin24h
$0.0699-0.27%
UNUS SED LEO24h
$9.75-0.21%
Zcash24h
$512.23+1.30%
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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