“It might make sense just to get some in case it catches on. If enough people think the same way, that becomes a self fulfilling prophecy.” - Satoshi Nakamoto
$STRC pays its dividend based on the $100 liquidation preference, not the market price.
If the dividend rate is 11.5%, that’s $11.50 annually per share.
Buy at $100 = 11.5% yield.
Buy at $90 = 12.8% yield.
Buy at $85 = 13.5% yield.
Same dividend. Lower purchase price. Higher yield.
That’s why STRC trading below par is attractive to income investors.
People seem… confused.
When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR was ~$24 split-adjusted. Weeks later, after Bitcoin fell below $16,000, our debt exceeded the combined value of our BTC and cash reserves by ~$300 million, and $MSTR fell into the $13 range by year-end.
We stayed focused, strengthened the company, and executed our strategy. Since then, Strategy has raised over $60 billion of additional capital and invested it in Bitcoin, adding more than 716,000 BTC. Today, our BTC and USD reserves exceed debt by ~$48 billion. Thank you to everyone who believed, endured, and took the long view.
Strategy has acquired 1,587 BTC for $100 million to increase our $BTC Reserve to ₿846,842. We have also increased our USD Reserve by $100 million to $1.1 billion. $MSTR $STRC https://t.co/27PYXJN7GD
@KingKong9888 Incorrect. They did not and cannot seize Bitcoin. However, you are correct, crypto and stable coins are at risk. Be sure to make the distinction.
🇦🇪 UAE NOW ALLOWS GOV'T FEES TO PE PAID WITH CRYPTO
UAE residents could use crypto & bitcoin:native to pay Dubai government fees.
Crypto .com’s UAE entity received an SVF license from the UAE Central Bank, allowing residents to pay government service fees using virtual assets through its platform.
The license also allows Crypto .com to start crypto payment integrations with Emirates Airlines and Dubai Duty Free.
A video circulated online on Tuesday showing fresh water in #Qatar’s territorial waters in the Fasht Al-Dibal region, in the northwest of the country. The reef area Fasht Al-Dibal is historically known for freshwater seepage and was once used by divers as a source of drinking water.