Are you just listing the opposite of what your new strategy is?
Your credit is weaker than it’s ever been because of your own greed.
You’ve broken promises and are diluting the equity nonstop to try and get out of this mess.
And you’re about to sell billions in Bitcoin.
#Bitcoin offers corporations an innovative strategy to preserve their capital and create shareholder value by leveraging their balance sheets with $BTC, providing an escape from the destructive cycle of expensive acquisitions, buybacks, dividends, & debt.
We don’t want you to buy more Bitcoin, your exposure is already too high.
Just make sure dividends etc. can be paid without forced selling.
You already own a HUGE %, just keep it like that.
Another one of the primary fundamentals pillars is gone for BTC. BITCOIN.
This decision(image attached) is like the FED announcing they are going to move away from outright QE to QT. MSTR provided liquidity to the market, now they taking liquidity out of the market. A key shock absorber is gone there is a small door for these whales to now exit. Any hint of MSTR selling and every other whale will front run him. If you not first out, you last out.
Why is this happening now? Well they being forced. No one is willing to own the stock when the bonds are trading 70c. And you cant raise cash if stock is puking. So you try sell some of the underlying BTC to improve the balance sheet which in theory boosts the stock price and the bond price. But like before, the value of the stock and bonds is solely dependent on the price of BTC. So if MSTR is now a seller of BTC. Guess what the bonds and stock does next.
One key thought-If we were in a bear market, this asset would be trading half its current price today. If Saylor is smart. He should try and offload now whilst there is still some liquidity and a willing buyer and importantly a bull market. Slowly selling wont resolve the stock/bond problem. Dump it hard and fast-like ripping off band aid. Restore some credibility to the balance sheet. Build a significant reserve on the balance sheet and then HOPE and PRAY BTC has a future with higher prices.
#TINA