Chris Millas
@ChrisMMillas
Investor. Advisor @MeliuzBitcoin. Biz. Spirituality. Psychology. Philosophy. Temp notes, mostly to Self. All posts get deleted. $BTC $MSTR $WMTX $PATH $DUOL
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$MSTR is a Category King.
Here's what that means and what the implications are for investors.
YouTube link in replies.
During a week where Strategy could have hammered the common ATM, they chose not to. Not a single cent.
4 things:
1. This is the optionality the USD Reserve and USD Cash provide. They enable Strategy to choose when, where and how to raise capital.
2. $STRC is now the primary funding engine for $BTC purchases.
3. Strategy is no longer focused on accumulating Bitcoin at any price. It is focused on maximising the Bitcoin Yield generated by every dollar of capital deployed.
4. These actions are conducive to stronger investor sentiment around Strategy which is a major driver of the stock.
This is a fundamentally different phase of the Strategy playbook.
Very bullish.
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$BTC and $MSTR investors after the last three days:
$STRC is now the LARGEST holding in 3 of the leading preferred ETFs:
→ 3.56% of BlackRock’s $13B PFF
→ 2.97% of Virtus’ $2.4B PFFA
→ 8.82% of VanEck’s $2.4B PFXF
In each case, $STRC ranks above preferred securities issued by some of the largest and most established companies in the world.
A reminder that the product is only 12 months old.
The significance of $STRC is still being vastly underestimated.
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