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
$94,308.30-0.96%
Ethereum24h
$1,807.96+0.59%
XRP24h
$2.20+0.35%
BNB24h
$607.89+0.66%
Solana24h
$148.94-1.54%
Dogecoin24h
$0.1813+0.21%
Cardano24h
$0.7070-1.05%
TRON24h
$0.2525+3.92%
Sui24h
$3.47-3.41%
Chainlink24h
$14.87-1.02%
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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Tether thinks Jack Mallers will keep focus on Twenty One’s BTC, not USDT—by Protos Staff
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Has your senator invested in cryptocurrency?—by Protos Staff
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Zora abandons NFTs without warning, launches airdrop with zero rights—by Protos Staff
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BlackRock and MicroStrategy hold more BTC than Satoshi—by Protos Staff
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What’s the deal with Zora, Base, and content coins?—by Protos Staff
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Abandoned DeFi websites used to host crypto wallet drainers—by Protos Staff
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Chinese chip used in bitcoin wallets is putting traders at risk—by Protos Staff
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MicroStrategy bought BTC at nearly the worst possible price last week—by Protos Staff
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Gold has outperformed bitcoin by nearly 40% this year—by Protos Staff
