Tommojg
Oct 21, 11:58 PM
$MSTR So from early august when bitcoin was 62600, MSTR +64.3%, Bitcoin +34.5%.
Yes, the 2x multiplier has dropped since both peaked, but the leverage still outperforming from the lows despite volatility.
Easy to get caught up in the narrative that these preferreds are debt, but look at notional value vs strike price for the asset they hold, which is in a new circular bull market.
This company is positioned better than any hyperscaler you can think of.
Bears got this wrong months ago. Add the preferreds if you’re green. Lock in yield and laugh at the doomers
$STRD $STRC
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