MSTR gonna be golden gonna be golden oh up up up🚀🚀🚀Strategy Inc - 8.00% Series A Perpetual Strike Preferred Stock stock forum
MSTR gonna be golden gonna be golden oh up up up🚀🚀🚀
MSTR Road to 504 from here ;)
MSTR is 1mnav even a good buy at this point?
MSTR thelogman !! THIS is your DUDE!! young guy, sounds like you. I love it. No need to create a YouTube channel. Dude already has it... youtu.be/fdjfig4s7Z8?si=aSUhHsG3nh5GIuKm
at 3 minutes shows a headline of 2008 Saylor losing $6B in valuation in one day.
MSTR I’ve set half my position to sell at $1200, with a target to close that trade within 2 years. The other half I plan to hold permanently unless I see a compelling reason to sell. Whether it pulls back to $230 or even $170 along the way, I couldn’t care less.
MSTR Don't worry moon boys... It get worse. Cocaine Saylor sends his regards.
MSTR i set buy limit at the $50. see you thereMSTR Can't wait for Snake Oil Saylor to get locked up. Maybe he will be booty bunk buddies with SBF.MSTR Buyer at zero.
MSTR dwestw01 People get pissed because I write paragraphs. I guess they'd rather see stupid price predictions and rockets. But sometimes it takes a few paragraphs to understand what is really happening. Things are not always as simple as an emoji.Imagine you are in a boat with a small leak. It was there when you bought it, but you ignored it because it's just a small leak. The boat has a bilge pump that can easily keep the water pumped out, so you're not worried about it. But suddenly more leaks start springing up and it overcomes the bilge pump. You are sitting in the middle of a large lake, and you start to panic as the boat takes on more and more water. That's what is happening to MSTR.
The biggest leak, and there are now many, is the CAMT tax obligations hanging over the company. That is new for 2025 and will be payable by April 15th, 2026. CAMT is complicated, but basically it's a new law (passed by the Biden Admin) that will confiscate 15% of UNREALIZED gains on stuff like Bitcoin.
Because the Fed govt. now recognizes it as income, that means states with income taxes also recognize it. MSTR has their HQ in VA and it has a 6% income tax for corporations. Add that up and you have a total of 21% tax rate for unrealized gains on bitcoin. Extremely unfair in my opinion, but it's the law nonetheless.
Saylor chose to ignore that new leak, hoping for a quick patch from the IRS or Treasury that would save the boat. Instead of waiting for that to happen, he created more leaks every time he introduced new STRx preferred shares with huge dividends payable. Those dividends all represent more leaks. Bitcoin (the bilge pump) is not working as good as it once did, and now the boat is taking on more water than it can sustain to stay afloat.
I have wrote a series of posts about this the last few months, so you might look back for those if you want more detail. Bottom line is MSTR must maintain a mNAV above 1.50 just to overcome their tax obligations and their dividend obligations that Saylor has created with the preferred stock. After taxes and dividends, shareholders are losing ground in BTC per share, not gaining. The deluge of new leaks has overcome the vessel.
Institutional holders are not going to wait until MSTR is writing a check for the taxes before they start bailing. They will be winding down their positions well before then as the boat takes on more water. Add everything together and you now have the mNAV below the level it takes for MSTR just to stay afloat.