Is anyone still waiting for $30,000 BTC?? STRC is already at 95!
MicroStrategy is propping up STRC at all costs. Last week saw two major capital flows:
1) They sold BTC to repurchase $STRC .
2) They issued $MSTR to replenish their USD reserves for paying future preferred-share dividends, mainly in STRC.
From this point, MicroStrategy’s $4.0 billion cash reserve can cover dividends and interest through November 2028.
Most likely, this week will continue as well—selling BTC to repurchase STRC. STRC is already back at $95.
It’s worth noting that this buyback uses up a fixed portion of MicroStrategy’s BTC selling quota.
Excluding the portion not capped for paying preferred-share dividends, MicroStrategy still has 12.5+10+8.938=31.438 billion USD worth of BTC selling quota remaining.
In short, the preferred-share risk for STRC is steadily shrinking, and the chance of another blow-up in this round is extremely low. As MicroStrategy gradually uses up its selling quota, its BTC selling pressure—or selling expectations—are also gradually decreasing.
Without a large-scale liquidity crisis like MicroStrategy’s, the impact of other black swan events is limited.
So who’s still waiting for $30,000 BTC? Even $40,000 BTC—some “Bee Brothers” think you may not even get the chance… If it breaks $60,000 again, Bee Brother will keep buying BTC.
What about you—at what price would you start buying BTC?
MicroStrategy is propping up STRC at all costs. Last week saw two major capital flows:
1) They sold BTC to repurchase $STRC .
2) They issued $MSTR to replenish their USD reserves for paying future preferred-share dividends, mainly in STRC.
From this point, MicroStrategy’s $4.0 billion cash reserve can cover dividends and interest through November 2028.
Most likely, this week will continue as well—selling BTC to repurchase STRC. STRC is already back at $95.
It’s worth noting that this buyback uses up a fixed portion of MicroStrategy’s BTC selling quota.
Excluding the portion not capped for paying preferred-share dividends, MicroStrategy still has 12.5+10+8.938=31.438 billion USD worth of BTC selling quota remaining.
In short, the preferred-share risk for STRC is steadily shrinking, and the chance of another blow-up in this round is extremely low. As MicroStrategy gradually uses up its selling quota, its BTC selling pressure—or selling expectations—are also gradually decreasing.
Without a large-scale liquidity crisis like MicroStrategy’s, the impact of other black swan events is limited.
So who’s still waiting for $30,000 BTC? Even $40,000 BTC—some “Bee Brothers” think you may not even get the chance… If it breaks $60,000 again, Bee Brother will keep buying BTC.
What about you—at what price would you start buying BTC?
