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?
Discussion
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