@tally_stick Personally, I think he needs to let the stock breathe a bit. Use other means (which he has many) to raise cash for BTC purchases. That said, I think he could get another ATM approved without issue.
@KobeissiLetter Capitulations is when you feel the pain of the market, think it can’t get worse, and then it gets worse. Do that five times. Then on a freakish day we will flash crash -5%+ and then violently rebound within 24-48 hours. We aren’t there yet.
No clue if this was intentional or not… @saylor giving the finger to the Winklevoss’s while Cameron was speaking.
Bad finger placement or is there some beef between them? Funny either way.
@BitMasterK @MSTR_Tracker In a risk off market 1.58 MNAV is expensive. It’s just the way it is. No reason we can’t go down to 1-1.2 if BTC and the stock market selloff.
I believe the dividend payments on the preferred could be paid as common stock. This will relieve the income pressure associated with paying out the dividends. It’s dilutive, but at a slow and measurable rate. Depending on the terms, this could limit risk, be hedgeable, and make it easier to ride out any downturns in MSTR. I’m hoping they’ll be available to individuals, but not counting on it.