jackfrost21
Oct 23, 6:25 PM
$MSTR $STRC
True. He messed up. He was so excited about his “ digital credit” he massively oversold STRC to buy coins.
At sub
$100 on the stock JPM said you need
$5B cash reserves. So the process started, sell stock and buyback STRC. Given its variable it shouldn’t deviate from
$100.
It did and was smashed. The clear sign there’s tooooo much.
This is getting corrected. Slowing cash burn.
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