@scottmelker Let’s see at the next ATH how their common performs because there’s plenty of time to amass a larger treasury. They didn’t have nearly as many btc last fall. It could absolutely balloon
@GermCrypto@saylor They have multiple ways to raise cash and he’s telling you how it will be allocated. Their STRC is a financial product they sell to buy more bitcoin and to pay the dividends. They can also sell small amounts of btc. So they have income and a growing balance sheet.
@ByNinjaTrading@Cointelegraph Yeah but he stacked a hell of a lot of bitcoin. That goes up more annually than the preferred dividend obligations, so Strategy will reap the difference. If bitcoin is a 10x that 12% will be a small price to pay. Once he’s bought all he can possibly buy- retire the preferreds
@Garyhelpyouwin@patviera Grantham is wrong and deserves to be called out. He’s free to make public calls on financial markets but he’s been very wrong. So now he calls btc a bucket of warm spit and you want to inoculate him from criticism? Ha!