"That's why Strategy has shifted toward STRC this year. In January, STRC accounted for 20% of the company's equity issuance. By April, that number had jumped to 83%. STRC now does most of Strategy's Bitcoin funding work without diluting MSTR shareholders-which is what makes the 20x claim possible. The cushion only holds if STRC investors keep showing up at $100 a share, and that demand is g"
Strategy plans to buy 10 to 20 Bitcoin for every one it sells, staying a net buyer even when sales occur. On May 5, Strategy’s CEO said the company would probably sell some Bitcoin to fund a dividend to send a market message. The CEO also emphasized math over ideology, and market reactions followed, with expectations of selling by year-end rising sharply. Later, the framing shifted to “never be a net seller” rather than “never sell.” Strategy has increasingly funded Bitcoin purchases through STRC, which rose from 20% of equity issuance in January to 83% by April. Remaining a net buyer depends on STRC investors continuing to buy at $100 and on three risks that could force a net seller outcome.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]