Despite having sufficient cash reserves to pay dividends for 10 months, Strategy’s STRC preferred shares are trading at a 25% discount to the $100 par value — and that’s a wake-up call for retail investors.
The issue isn’t the ability to make payments, but trust. Alexander Blume from Two Prime pointed out a harsh truth: Michael Saylor’s consecutive pivots have shattered confidence among investors who tend to favor the retail base. MSTR fell to $86 — its lowest level since February 2024 — and STRC’s “low volatility” promise turned out to conceal substantial risk.
This is a classic lesson in risk management. A product yielding more than 6% versus U.S. government bonds surely comes with additional risk. When trust evaporates, value collapses. And ironically, it’s people’s emotional weaknesses — the very thing Bitcoin was designed to eliminate — that are the cause.
At present, Strategy is unlikely to become a significant buyer of Bitcoin in the near future. Do your own research and manage your own risk.
#Bitcoin #BTC #Dautu #QuanTriRuiRo #ThiTruong
The issue isn’t the ability to make payments, but trust. Alexander Blume from Two Prime pointed out a harsh truth: Michael Saylor’s consecutive pivots have shattered confidence among investors who tend to favor the retail base. MSTR fell to $86 — its lowest level since February 2024 — and STRC’s “low volatility” promise turned out to conceal substantial risk.
This is a classic lesson in risk management. A product yielding more than 6% versus U.S. government bonds surely comes with additional risk. When trust evaporates, value collapses. And ironically, it’s people’s emotional weaknesses — the very thing Bitcoin was designed to eliminate — that are the cause.
At present, Strategy is unlikely to become a significant buyer of Bitcoin in the near future. Do your own research and manage your own risk.
#Bitcoin #BTC #Dautu #QuanTriRuiRo #ThiTruong