Strategy sold Bitcoin at roughly $64,000 per coin to fund preferred stock dividends, taking a 15% loss on its $75,000 average cost.
STRC preferred stock has rebounded 35% from its June low to $95, and Saylor wants it at $100 before buying Bitcoin again.
Saylor rebranded Strategy from a bitcoin treasury company to a Digital Credit Framework, shifting priority from accumulating Bitcoin to servicing debt obligations.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and MicroStrategy didn't make the cut. Grab the names FREE today.
Bitcoin treasury companies built their entire investment case on one promise: buy and hold, forever. Strategy (NASDAQ:MSTR) was the company that made that thesis famous -- and lately, the company that's been quietly breaking it.
#company
STRC preferred stock has rebounded 35% from its June low to $95, and Saylor wants it at $100 before buying Bitcoin again.
Saylor rebranded Strategy from a bitcoin treasury company to a Digital Credit Framework, shifting priority from accumulating Bitcoin to servicing debt obligations.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and MicroStrategy didn't make the cut. Grab the names FREE today.
Bitcoin treasury companies built their entire investment case on one promise: buy and hold, forever. Strategy (NASDAQ:MSTR) was the company that made that thesis famous -- and lately, the company that's been quietly breaking it.
#company
3 months ago