POPA ReconI’m not quite sure why there’s so much FUD about STRC?
I’m not quite sure why there’s so much FUD about STRC? It’s not LUNA 2.0. If STRC - $0, that doesn’t mean Strategy bankruptcy. Total STRC outstanding: 104M shares ($10.5B at $101). At $85 - 8.9B. Current dividend yield: 13.5% per year. At $50, the rate would be ~23%. MSTR has $1B in cash. Even if the price falls further, in the worst-case scenario Strategy can simply buy back all the STRC from the market by selling some Bitcoin — for example, in 3-4 months for $5-6B. Is there really a hunt for these BTCs? Or am I missing something? And why he sold this 32 BTC? —— RU | BigLiquid | Pro…
The excerpt is quoted from a public Telegram channel, which owns its text.