Just in case you have a Z Flip phone and wonder why the screen isnt working.
The video shows an older model Flip phone but the ribbon hinge cable is almost identical in size and location to my Flip 7.
FF to the 15:40 mark to see the amount of dust on the internal hinges.
FF to the 20:00 mark to see the cracked cable
This is the most likely reason for screen failures assuming the screen wasn't damaged for other reasons.
Samsung's official rating is 200,000 folds for the Z Flip 7 under typical conditions. Whatever that means. This may work in a dust free lab but in a real environment like your pant pocket or purse; its a pipe dream.
Many people have had Samsung deny a warranty claim. Hopefully this will help shed some light on the issue and get you further along.
You can barely see it. MSTR traded below IBIT for a minute.
Remember when IBIT started trading in February? The bears thought MSTR would become obsolete. MSTR tanked for a minute, then went to 550.
Today, the FUD suggests that MSTR cannot sustain its divy payments. Every chart tells a story.
When these lines touch, it marks a point where the bear thesis is wrong again.
Half the screen is dead. Amazon has the screen replacement kit for $150. From the videos on YouTube I think I can do the fix myself.
But will a new screen fix this? What if its a bigger electrical problem? Has anyone replaced a half black screen with success?
Stop thinking of MSTR as a TradFi company. It doesnt have overhead, warehouses, raw materials to source or traditional products to sell. If Amazon tanked 70% today, it would take 2 decades to recover, if at all.
If you like patterns.... Bitcoin has tanked over 70% 5 times already and it has recovered every time. BTC is currently -50% and this could be the 6th time.
Bears have been wrong all 5 times. This time is no different. When BTC tanks; MSTR tanks. When BTC hits another ATH, bears will continue to be wrong 100% of the time.
When I compare Amazon's 95% drawdown and eventual recovery to MSTR's potential to do the same, the pushback I always get is "it's not apples to apples, Amazon actually sells something."
They're not wrong. But they're missing a large part of it.
The goods and services Amazon provides are precisely why it took so long to recover. TradFi companies carry too many moving parts. MSTR's digital credit structure cuts through all of that. No warehouses, very few people, no inventory, etc. You can literally track MSTR's earnings in real-time.
From Saylor's first Bitcoin announcement in August 2020 to the peak, it took four years and three months to peak at 4,244%. That's the advantage of not being an Amazon and the main point people miss.
Bitcoin tanks 50-90% regularly; its a characteristic of Bitcoin but its a death sentence to most companies in the TradFi space. Bitcoin is not TradFi.
The CLARITY Act is supposed to go up for a vote in July if we can get the boys and girls in our gov't to play nice. Once we get a regulatory framework for digital assets; this will lift the uncertainty from the rating agencies. Once STRC gets an IG (investment grade) rating, that opens the door to $130T of capital that can buy it.
Can MSTR drawdown 90% again from its peak and turn around to be a trillion dollar company in the next 5-10 years? My answer is hell yes.
The weak hands keep crying about dilution while completely missing the structure being built right in front of them.
My take on today's announcement.
Saylor is reminding you that he can buy or sell BTC, STRC or MSTR to defend par or mNAV. Sit with that for a second and think about how screwed you are as a short seller.
Saylor just gave himself the ability to move MSTR and STRC's price independent of Bitcoin.
Buying back STRC at $80 against $100 par is an instant 20% discount and permanently kills dividend obligations for that lot.
17 months of dividend coverage means the "death spiral" runway is absurdly long. A $2.55B USD reserve dedicated for dividends only tells every STRC holder their yield is safe.
Buying back MSTR below mNAV puts a floor under the stock and takes the legs out from under the shorts. And no more dilution near 1x mNAV.
Don't forget why you're holding MSTR...STRC will get you there.
STRC is rated B- junk right now. Every single guardrail announced today is exactly what S&P needs to see before a ratings upgrade.
The path is clear. Right now pension fixed income, insurance general accounts, IG bond funds, and bank balance sheets legally cannot touch STRC. Not because they don't want the yield. Because their mandates prohibit unrated junk. Once STRC earns an investment grade rating, roughly $130T of capital is suddenly allowed to own it. If 1% of that goes towards STRC or the USD Reserve; MSTR becomes a trillion dollar company. This won't be a Gamestop level short squeeze; its a structural repricing and will be here to stay.
And then there's the inclusion into the S&P.