Replying to Avatar Bitasso

Hey Laser, do you prefer $MSTR convertible pref shares or the common stock?
Avatar
Bitasso 11mo ago

Laser, this looks good man…

The preferred STRK shares have an 8% dividend with a perpetual call option, so you can always convert 1 STRK to 0.1 MSTR at $1000/share (no provisional call price, ie gains not capped).

So you get fixed income, the 8% dividend, PLUS bitcoin upside exposure, nuts.

Reply to this note

Please Login to reply.

Discussion

Avatar
Laser 11mo ago

Haven't thought much about it.

I hold $MSTR and dont have any plans to make a big change.

Avatar
Jay Pow Pow 11mo ago

Do you just own MSTR in retirement type funds or in your other money? I'm 95/5 ₿/MSTR outside retirement funds. More just for fun. Curious about others

Avatar
Laser 11mo ago

When I say stranded fiat, I mean a half dozen retirement accounts.