Sep. 3 at 12:54 AM
$MSTR $STRC you’re an idiot if you think it’s insightful that common shares are subordinate to debt and preferred shares - that’s true of any company.
Except for converts, debt is an income play. Preferreds are yield as well. Common is capital appreciation.
None of this is shocking or “reking” common holders. There is no universe where they get the same yield as preferred shares