MSTR below $100, STRC below 85%
btw, he raised his reserves by 27% and still lost 1 year to be able to pay divivends. So far he lost 2 years since last week.
>>62405324GOOD TIME TO BUY
The macro tragedy is near
>>62405324hes fuuuucked
So when does he get liquidated?
>>62405465He doesn't. He can always just refinance the debt.
>>62405479Bummer. I want carnage
>>62405479refinance where michael?
>>62405479
the MSTR reddit is full of laughs today
>>62405324Luna 2.0
>>62405334So there's still one intelligent person on /biz/ other than myself. That's nice.
>>62405334>>62405536 Buy in October after BTC bottom. I was foreseeing his stocks to go $80, but by the way things are going, I see this dipping to $60, perhaps lower.Honestly, I doubt if there will ever get a recovery, depends on how everything pans out. He can't sell STRC to pay dividends, he's dumping his MSTR shares to start paying dividends and buying bitcoin. Soon there will be rate hikes and lending and refinancing will start to get expensive. Institutions could even stop refinancing and lending him money as his company rating is low and could even lower if he keeps selling shares and, in the worst case, doesn't pay the dividends (which in my opinion he did something terrible changing to semi-monthly).
>>62405324
>>62405333There are decades where nothing happens; and there are weeks where decades happen.
>>62405479How is that possible? He is obviously abusing some kind of bug in the finance system to have infinite money, how can that be legal?
