The purchase of MSTRon carries a risk of "unexpected losses"
Important information about the Strategy Inc series preferred stocks
Dividend distribution information
1.
8.00% Series A Perpetual Strike PFD (STRK.US)
Ex-dividend date: December 15, 2025
Dividend amount: $2 per share
Record date: December 15, 2025
Payment date: December 31, 2025
2.
10.00% Series A Perpetual Strife PFD (STRF.US)
Ex-dividend date: December 15, 2025
Dividend amount: $2.5 per share
Record date: December 15, 2025
Payment date: December 31, 2025
I bought MSTRon in my Binance wallet. If MSTR pays dividends, will it go ex-dividend on the same day? Will the MSTRon I bought receive dividends? Will the price adjust along with the stock?
The purchase indeed carries a risk of "unexpected losses"#
Specific risk mechanisms:
1.
Price transmission effect
MSTR's stock price will be adjusted downward on the ex-dividend date (for example, from 500 to 480)
MSTRon, as a token tracking MSTR's price, will theoretically also be adjusted downward
However, you will not receive any dividend compensation
2.
Actual loss calculation
This kind of loss is not "unexpected" but rather structural loss
Why is there such an unfair situation?
According to the explanations in the Binance wallet risk warning document:
Tokenized financial instruments "may not have legal ownership, voting rights, or dividend rights" [^0^]
Prices may deviate from the underlying asset "due to fees, tracking errors, technical issues, and market volatility" [^1^]
There are issues of "liquidity risk" and "imperfect price discovery mechanisms" [^2^]
Actual impact:
Periodic loss: Each time MSTR pays dividends, you will incur a loss of value
Compounding effect: Long-term holding may accumulate significant losses
Unavoidable: This is a structural problem of tokenized assets
Recommended solutions:
1.
Short-term strategy
Sell MSTRon before MSTR's ex-dividend date
Buy back after the ex-dividend date to avoid losses
2.
Long-term strategy
Consider directly purchasing actual MSTR stocks (if conditions allow)
Or choose non-dividend growth stock tokens
3.
Risk control
Closely monitor MSTR's dividend schedule
Calculate potential ex-dividend losses
Consider whether it is worth holding, taking this cost into account
Conclusion: Your concerns are completely valid; this is indeed a significant flaw of tokenized financial instruments that needs to be fully considered in investment decisions.