— 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%.
Results for MSTR
123 stories, newest first
— 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.
— Michael Saylor, MicroStrategy
Strategy CEO bought $19K of STRC for his kids after making $37M
The CEO of Strategy has made $37 million in total compensation over the past three years while buying less than $20,000 in STRC for his kids.
— Michael Saylor, MicroStrategy
Strategy’s BTC binge has cost it $1 billion in expenses
Strategy’s bitcoin acquisition strategy has cost over $1 billion and it has generated annual returns of just 1%.
Strategy’s STRC gives hedge funds a new reason to short MSTR
A possible interplay of Strategy STRC issuances is creating an uptick in short-selling demand for MSTR.
Buying the dip? Strategy prefers the top of the range
Strategy founder Michael Saylor keeps announcing relatively expensive BTC buys near the top of each week’s trading range.
We calculated the present value of STRC — it’s bad for MSTR
We calculated the present value of STRC and compared it to various metrics that reveal the difficult math behind BTC yield.
STRC could be funding more Strategy bitcoin buys than ever
Real-time estimates of Strategy STRC-funded BTC buys indicate that this week might be its biggest capital raise ever.
— Michael Saylor, MicroStrategy
Michael Saylor went from ‘sell a kidney’ to $20 billion loss at Strategy
When BTC was above $84K, Strategy founder Michael Saylor said, “sell a kidney if you must, but keep the BTC.” Yesterday, BTC hit $63K.
— Michael Saylor, MicroStrategy
$63K to $20K: The price range that decides MSTR’s fate
Strategy might be able to survive until BTC hits $8,000, but common shareholders will lose hope in treasury coverage in the $20,000s.