Crypton869
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Crypton869
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Übersetzung ansehen
Will $BTC drop 1–2% for the 11th time out of 11 on Monday?
Time to fuck around and find out.
#SECReviewsSix3xLeveragedCommodityETFs
Time to fuck around and find out.
#SECReviewsSix3xLeveragedCommodityETFs
Übersetzung ansehen
Michael Saylor's Strategy has not bought Bitcoin for 8 consecutive weeks.
The company sold 3.46 million shares last week and raised $333.7 million. None of it went into Bitcoin.
The money funded preferred dividends, a $132.2 million repurchase of STRC shares, and cash reserves.
Saylor is now sitting on a $10 billion loss on his Bitcoin position.
Strategy owes $1.72 billion a year in interest and preferred dividends.
Its mNAV has fallen to 1.04x, meaning the stock is worth almost exactly what it holds. Selling shares to buy more Bitcoin no longer works.
Strategy used to sell stock to buy Bitcoin. Now it sells stock and Bitcoin to pay its bills.
#IsraelStrikesLebanonKillsHezbollahCommander
#SECReviewsSix3xLeveragedCommodityETFs
#SP500TopsRecord7800 $NVDA.US
The company sold 3.46 million shares last week and raised $333.7 million. None of it went into Bitcoin.
The money funded preferred dividends, a $132.2 million repurchase of STRC shares, and cash reserves.
Saylor is now sitting on a $10 billion loss on his Bitcoin position.
Strategy owes $1.72 billion a year in interest and preferred dividends.
Its mNAV has fallen to 1.04x, meaning the stock is worth almost exactly what it holds. Selling shares to buy more Bitcoin no longer works.
Strategy used to sell stock to buy Bitcoin. Now it sells stock and Bitcoin to pay its bills.
#IsraelStrikesLebanonKillsHezbollahCommander
#SECReviewsSix3xLeveragedCommodityETFs
#SP500TopsRecord7800 $NVDA.US
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