Strategy’s BTC Yield turns negative for first time in years
The BTC Yield of MSTR stock in Michael Saylor’s treasury company, Strategy, has turned negative this quarter for the first time in years.
The BTC Yield of MSTR stock in Michael Saylor’s treasury company, Strategy, has turned negative this quarter for the first time in years.
Michael Saylor’s Strategy has slashed its EPS guidance and diluted its MSTR shareholders without purchasing BTC.
S&P Dow Jones Indices didn’t add Strategy to its S&P 500 Index in its November 24 announcement. The next possibility is December 5.
Jim Chanos profited by shorting the premium of MSTR to its BTC, but he missed out on the final, exceptionally profitable leg of that trade.
The central bank of Norway has paid the price for investing in Michael Saylor’s BTC treasury company, Strategy.