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Michael Saylor mixes up his ‘treasuries’ in misleading MSTR tweet

Strategy founder Michael Saylor has made many dubious claims, but this week’s likening of MSTR to “digital treasuries” might take the cake.

The looming tax bill of Strategy preferreds

Due to Return Of Capital (ROC) status, there is a looming tax bill for long-term holders of Strategy preferred shares.

Several people have cheered on the FCKD joke, encouraging Saylor to issue a preferred stock with the ticker symbol STRU.

Strategy has to pay $689M to not sell any of its BTC, and those costs have increased every quarter since 2021.

Strategy founder Michael Saylor repeatedly promised a roll-out of STRC counterparts but instead he launched STRE.