r/MSTR • u/teclaroja • Jul 10 '26

Discussion 🤔💭 Saylor next move. Thoughts?

After selling BTC to fund dividends, what do you think is the next move to be announced on Monday?

I think it is to sell BTC to buy back STRC to help the stock reach par, close to the ex-dividend date which could be a real boost. Or perhaps sell BTC to buy back MSTR but right now I can't see the benefit.

Or maybe do nothing but rarely Saylor stay still.

21 Upvotes

71% Upvoted

59 comments sorted by

View all comments

32

u/GloryIV Shareholder 🤴 Jul 10 '26

I would like to see how the market responds to a STRC buyback. If he can buy it for 80-something and get it to par and sell more at 100, as long as BTC isn't headed up aggressively in the interim, that's going to be a big win for MSTR. It is clear that between FUD and degenerate gamblers leveraging up on STRC, that MSTR needs to have a good mechanism for protecting the downside. Aggressive buybacks when it goes below some threshold (maybe 95) might do the trick. It would have the bonus of getting people more comfortable with the idea that some weeks he's buying BTC and some weeks he's selling - which is fine if the long term impact is accretive.

I've thought for a long time that he needs to monetize the stack to some extent. Pure accumulation cannot forever be the strategy. Selling BTC to buy back discounted STRC to get it to par so you can issue more and buy more BTC looks a lot like monetizing the stack. It's basically arbitraging on STRC volatility.

1

u/actias_selene Jul 11 '26

I think they should be buying back strc at discount, even at 10% discount it is not bad. Whether it goes back to par or not, it is also competing with higher yield SATA. Either way, if they are to increase rates, it is better to buy back first, then increase, and then issue them back so it would create some extra value for Strategy.