MSTR's yield comes from the same place Luna's anchor yield came from
A reminder that Luna also bought bitcoin to defend the peg
Discussion
I have friend who swear by Saylor’s strategy. (Pun intended).
This time the scam caught the financial gurus.
No matter what I said against this, I was always labeled the idiot who doesn’t know what I’m is talking about.
HFSP 😂
What yield? MSTR doesn't have a dividend or yield, right?
Their preferred stock offering does, but it is created from revenue ops and sold common stock.
Did something change?
Luna didn't have yield either, their shitcoin did. they sold luna token to pay yield on anchor protocol
saylor sells mstr token to pay yield on preferred share protocol
literally identical setup
Gotcha
Isn’t this just how credit works? You hold investors’ collateral and pay them interest/dividends for the loss of opportunity to use their funds otherwise?
The differences between Luna and MSTR are: it’s on sound money rails (vs fiat collateral-based loans), MSTR enjoys mainstream institutional credibility, and MSTR is incentivized to practice long time preference based on Saylor’s demonstrated analysis and integrity.
Yeah they started offering a dividend via like 3 offerings? Idk the correct terminology here
This is on my radar as proof of bear. Can't really be a bear market until the catastrophes start.
The yield is coming from diluting shareholders of common stock.
Steady lads...
Not true