CHART: Strategy and TRON Inc. down bad compared to bitcoin this year
Both Strategy and TRON Inc. have underperformed BTC and shed value since TRON Inc.’s reverse merger was announced.
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.
Compensation to executives of crypto companies has remained high, no matter how poorly their stock prices perform.