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.
Both Strategy and TRON Inc. have underperformed BTC and shed value since TRON Inc.’s reverse merger was announced.
As Strategy’s stock price continues to slide, online sleuths noticed that the company spent $27M on a “deposit” for a new corporate jet.
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.