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.
Strategy diluted common stockholders to build a USD reserve for dividend and interest payments, then used the cash for something else.
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.
Strategy’s bitcoin acquisition strategy has cost over $1 billion and it has generated annual returns of just 1%.
A possible interplay of Strategy STRC issuances is creating an uptick in short-selling demand for MSTR.
Strategy founder Michael Saylor keeps announcing relatively expensive BTC buys near the top of each week’s trading range.