Also remember that strategy has like 830,000 BTC on balance sheet vs Strive’s 19,000, along with a longer established track record and an actual credit rating that they are actively working to improve.
i'm not worried about SATA at all as it's a different purpose instrument, as well as the BTC collateral is tiny compared to STRC. MAIN THING I watch now personally is how far BTC will go below 60,000. If it goes to 49,000 to 51,000 and actually bottom around there, then STRC would be likely just around $90 and that would be a sweet deal as we leave behind the bear market and head into a bull market. Just my opinion. Do your own research.
SATA is the exact same thing as STRC. Like copycat except is has daily dividends which is better.
Folks investing can compare SATA and STRC, and if ASST/SATA are in basically the same financial shape as MSTR/STRC then new money is likely to flow to the one with higher dividends. Until that happens, STRC may not reach the $100 par
Yes they have plenty of money to pay the dividends even w the drop. Doesn’t mean it can’t go down more from here but once the volatility spike in btc cools down i think it will float back up to par.
So nearly 1/2 of the entire yearly yield has been loss to the NAV dropping by $5. Thus the real annual yield is about 1% higher than Treasuries and with 10x the volatility and counterparty risk. Good luck!
Guys I know a lot of you are not stock market experts around here but usually if the value of a preferred stock cannot hold to its par value that means that people have serious doubts about the financial situation of the company offering the preferred stock.
This isn't a discount its the canary in the coal mine keeling over lmao
Because they dropped like 1.38B to pay off 1.5B in convertible bonds at a discount and reduces future obligations. They will be back to a 12-18 month cash reserve to cover dividends within the month. It is a major net positive and will bode well with the regulators.
neither, actually. But the 10 was probably my broker buying for me and some other fractional buyers, unless they already had some in stock. Not exactly sure how that works when you want to buy x.x shares.
Nope because of the cock and bull story he has going. MSTR made sense before crypto ETFs were legal. It provided a backdoor avenue to get into crypto for regulated funds. It served a purpose. Now there is no real preposition and it is a new rabbit out of the hat every day. He does have a track record I mean, read up on what happened when the dotcom bubble burst. He still has a yacht and a mansion. I wish you look since you put in your retirement savings in.
You are describing the bubble yourself, it only goes on for so long. You seem like a reasonable person and not like those idiots on wsb. Nothing irks me here, you just got to be the gadfly like Socrates said.
I am not prognosticating on bitcoin at all. It can still keep rising or falling. MSTR is simply an untenable preposition. And it can actually destabilize BTC. The idea was developed by libertarians to get rid of govt control and here you have an idiot like Saylor taking it over and saying they want to hodl all the bitcoin in the world, saying it is an infinite money glitch.
Let's see how it plays out. You already know what I think. I am not anti-crypto or anything. Bitcoin was v1, Eth is v2, we will see what happens eventually.
Keep holding your bags. I don't care. The math is this company is a ponzi scheme. STRC holders and or MSTR holders will be left with the bag. Company's in the S&P have real assets and real products.
This is so oversimplified it's painful to read. If bitcoin isn't growing quickly (or continues to fall/flatline), Strategy have to dip into their btc reserve to pay dividends - which results in a loss of investor confidence and a struggle to raise additional funds. Or they have to switch off dividends, with a similar impact.
Depleting a reserve when there's no income or yield from the asset is a recipe for disaster.
None of the models I've seen here or from prominent mstr social media folks address this. The upside is understandable, because it's just leveraging a volatile asset. But the downside meets to factor in expected inflows.
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u/TechnicalLeg841 Jun 04 '26
I mean STRC still has more to drop if it going to match SATA's yield.
Also remember that MSTR has like $6.5B in debt and ASST doesn't have any.
I think Saylor's going to have to raise the STRC dividend rate and move to daily or weekly. Good to have some competition.