Well, I guess LSU wasn’t as bad as I thought. Hotty Toddy! #STRD
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Imagine when they find out about credit quality of #STRD after the USD reserve. "Non-cumulative" is a non issue and Strategy isn't going into a liquidation event so the "junior" label is just a necessary prospectus feature.
Many haven't realized how truly remarkable #STRD is. By @Strategy establishing a USD Reserve, STRD benefits the most.
Its "junk-like" nature makes it "noncumulative-high yield". But dividends are now covered for at least the next 32.5 months, stripping away that risk.
"But it's junior to the other preferreds".
Let's be honest, $MSTR isn't facing a liquidation event in the foreseeable future.
I'd go as far as to say that STRD carries less risk than more senior preferreds, soon-to-be created by other BTCTCs. It's because of the ever-growing BTC and USD reserves in the balance sheet.
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Yes it is. Junior to the other prefs but dividends secured for by the USD reserve and Strategy's BTC balance sheet prevents any bankruptcy event.
#STRD isn't junk, it's high grade digital credit and I'm glad I get to buy it at these prices before the market realizes it.
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Many haven't realized how truly remarkable #STRD is. By @Strategy establishing a USD Reserve, STRD benefits the most.
Its "junk-like" nature makes it "noncumulative-high yield". But dividends are now covered for at least the next 32.5 months, stripping away that risk.
"But it's junior to the other preferreds".
Let's be honest, $MSTR isn't facing a liquidation event in the foreseeable future.
I'd go as far as to say that STRD carries less risk than more senior preferreds, soon-to-be created by other BTCTCs. It's because of the ever-growing BTC and USD reserves in the balance sheet.
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$STRD with a juicy bounce from the Support Box 🤩🔥
Bulls waking up or just another fakeout? Eyes on that reaction 👀💪
#STRD #Stride #SupportHold #Crypto #AltseasonLoading #BullishVibes 🚀🤑
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Although #STRD is the least senior preferred in the capital stack and typical of its junk-like nature, dividends aren't cumulative. If you believe in btc and strategy, this is a great opportunity to start accumulating with an effective yield of almost 14%.
Balance sheet strength matters. Other companies will make a more senior product in their own capital stack, but it won't be backed by 650k $BTC. Some of them dont even have 10k $BTC yet.
This will change in the future. But for now, @Strategy is where its at.
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“Take your future in stride with $STRD 🚀 — the token designed for those who move forward without hesitation. #Crypto #STRD #FutureReady”
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