Strategy Inc - 10.00% Series A Perpetual Strife Preferred Stock stock forum
Could be a good sign, or it could be the market makers unwinding short positions as they rebalance to get ready for options expiry today. A soft landing at either $310 or $300 could be in the works. I'm not sure which is the max pain point, but I wouldn't be surprised to see it land on whichever it is. I'm guessing it's $300 because retail investors tend to cluster around round numbers.
0.5 × NAV (discounted) $200,000 per share
1.0 × NAV (parity) $400,000 per share
1.5 × NAV (with yield business)
$600,000 per share
2.0 × NAV (Bitcoin-bank premium) $800,000 per share
Just having fun running numbers. I can't prove or disprove. we won't know for real until BTC is actually 10 million each. Run the numbers yourself and see what you come up with. Again this was just for fun.