MSTR next target $440 📈Strategy Inc - 8.00% Series A Perpetual Strike Preferred Stock stock forum
MSTR next target $440 📈
MSTR The lack of any convertible note offerings this year has been a real tell about how the credit market now views MSTR. When you are borrowing money, you pull your pants down for a full examination. Either something is going on with the books that Saylor does not want examined, or the debt market has slammed the door in his face due to lack of confidence in the business model. There is no other way to spin it. You don't pay 10%-12% dividends (fancy word for interest) in perpetuity if you can borrow money at a range of 0%-8% by using 5 year convertible notes.
The huge preferred share offerings this year, offered at 15% discounts at their IPOs, was a pivotal decision point for the company. For the IPO buyers, the safe play was to short the common and long the preferreds at ~12.8% yield. If the stock moons, the preferreds will follow. If the stock tanks, the dividend puts a floor under the preferreds.
Saylor polished these turds and spun the story into a "novel new approach to the credit markets, backed by Bitcoin". That's all it took to keep the minions on board... For a little while.
But actually he tied his own noose and stood on the chair to get the deals done. Any chance of using the credit markets any time soon was put into the rear view mirror along with a burning bridge. Meanwhile all these new Bitcoin plays are hitting the market every week by using convertible deals and PIPE investors.
The huge question and red flag is why haven't they used the other half of the "42/42 plan"? Are the credit markets closed to MSTR? Or is Saylor hiding something he doesn't want exposed?
MSTR BITX is up 5.03%, MSTR up 1.63%. I can't wait to hear the YouTubers spin this price action today.... "Guys, the shorts are attacking our stock. We've got to all hang together."It's strange to me that Saylor selling 40M shares this year is ok (doesn't hurt the price) but shorts selling 5M shares is an all out assault. The lack of common sense for some of these parrots is hilarious.
MSTR they are using our money to buy btc and drive price up, raising there holdings and as long as the bet is correct, your basically buying the expectation of btc
MSTR can someone explain?
MSTR bitcoin 126 and what is this doing???
MSTR A lot of you asking what is going on, check out the chart, if it helps you, click the rocket button, bros...
MSTR very strange price action
MSTR looks like it's gna fall apart if this BTC run stalls, wtf is going on!MSTR in the long term its better for MSTR because they will create a btc breakout basically creating liquidity on both ends so im curious to see how this reacts