Global Feed Post Login
Replying to Avatar Byzantine

$MSTR is going to break the stock market.

They are going to sell a new sock $STRK which is an IPO that pays an 8% dividend which they will fund by selling MSTR stock

then they use the proceeds of $STRK stock sales which trade at a 1000x premium to $MSTR to buy bitcoin for microstrategy

who would buy this crazy $STRK stock? all the dumb preferred stock funds and ETFs (blackrock and vanguard) that want bitcoin and can't get it.

Avatar
Bitcoin Backed Gorilla 11mo ago

I’m curious to learn more about this

Reply to this note

Please Login to reply.

Discussion

No replies yet.