JUST IN:
INSIDERS SAY STRATEGY MAY BE FORCED TO SELL PART OF ITS $BTC HOLDINGS AT A LOSS TO REMAIN SOLVENT.
MICHAEL SAYLOR MAY NO LONGER BE ABLE TO COVER THE DIVIDEND.
THE MARKET IS READY FOR THIS.
The sentiment is so bad it seems people have forgotten the lessons of previous bear markets.
Historically these moments are always the best times to stack.
@namesnik386120@Hamsome@PeterSchiff Interesting 🤔
Was there a time you felt bitcoin did have value? If not, why would you be investing in something like STRC in the first place?
Capital markets currently value bitcoin at over $65,000. So not worthless, right?
@davidrivase@Hamsome@PeterSchiff The effective yield is over 12% now. I don’t think you understand how this works.
This is a credit instrument. It is not a bond. New capital will come in when they deem the effective yield attractive. I’m betting that happens again before the 15th.
@Hamsome@PeterSchiff Um…from anyone looking for an effective yield over 12% from a credit instrument with over 30 years of capital to support the dividend