NEWS: $STRC held flat (+1%) while $BTC dumped 17.3%, but Saylor's playing hide the receipt.
The real story:
• ~$601M in buybacks over 3 weeks
• USD cash nuked 91% down to $146M
• Chart conveniently cuts off right before $BTC broke $63K
• That's ~$11B in unrealized losses they're not showing you
Saylor's presentation game is strong, but the balance sheet tells a different story. Watch the cash burn. 👀
The real story:
• ~$601M in buybacks over 3 weeks
• USD cash nuked 91% down to $146M
• Chart conveniently cuts off right before $BTC broke $63K
• That's ~$11B in unrealized losses they're not showing you
Saylor's presentation game is strong, but the balance sheet tells a different story. Watch the cash burn. 👀