r/STRC

Daily price banter etc

As a few of you have noticed, u/ZeroedInNomad has asked me to join in on the moderation team of this subreddit.

I've proposed one major rule addition designed to cut down on the neverending shitposts we see in here.

>Content intended solely to taunt, belittle, or celebrate the misfortune of others will be removed, and repeat offenders may face account restrictions. Please keep the discussion focused on the investment thesis rather than personal attacks.

If you have any suggestions on the wording of this new rule, please, add it in here.

Everyone is welcome to disagree with the thesis of STRC, and by association, MSTR and their executive team. But "You're gonna get rekt sukka" posts have to go. Now.

Remember, the board can and will issue common stock to keep their jobs. As per the 8-k released today, they issued $1.1 billion worth of common stock, just last week. They can issue another $24.3 billion worth of common stock with no need for further authorization.

Once securities are issued, no shareholder (common or otherwise) can demand a return of capital from the company. They can continue to issue more securities as long as there is someone, somewhere, willing to give them money. The people buying securities through at the money offerings don’t even realize the company is selling them.

If you think the music is going to stop anytime soon, it won’t.

15.42% times $74.57 equals 11.50% current dividend

People might be thinking par and that's actually how you get this math, because you're still getting the same interest till it's raised tomorrow... People are guessing 12%.

Will be interesting to see how this shows up compared to last month in Fiat value per share as a dividend... We should be getting more shares because they're worth less and the calculation for 11.5% is still based on $100 par. Is this correct?

Strategy has 70 years of dividend coverage in the bank... your dividend payments are safe. Now, let's get back to par!

https://preview.redd.it/rl1tn0wc2z9h1.png?width=828&format=png&auto=webp&s=2ba45206a2fbf5235cad3e706963910e5a306b08

The enterprise value of MSTR bitcoin holdings are around $50b and their annual dividend obligations are around $2b. Basically they need to juice 4% yield out of their BTC without direct selling. I was wondering what prevents Saylor from selling far OTM calls on the BTC, generate yield, and defend dividends. It doesn't involve selling actual bitcoin.

Let’s say I own a gold treasury. I have 100 tons of gold locked away in a vault. I make loans based on these holdings and lend money as well. One day I lose my keys to the vault. Unfortunately the keys cannot be replicated and the vault cannot be accessed by anyone or anything. How does my business go on if no one can verify what I hold and I can never access it to sell?