The Hurdle Rate Podcast(@HurdleRatePod):Strategy $MSTR came out of the stress test with a changed playbook. @Werkman on what the market saw: • Common issuance used, then stopped last week • New buyback frameworks put in place • Cash on the balance sheet now being deployed • The dividend bucket separated from operating cash A management team needs flexibility with treasury assets, which means not being rigid about every dollar of cash. The whole focus over there right now is getting $STRC back to 100. "If that isn't clear, you're not paying attention."

2026.09.10 18:00

Strategy $MSTR came out of the stress test with a changed playbook. @Werkman on what the market saw: • Common issuance used, then stopped last week • New buyback frameworks put in place • Cash on the balance sheet now being deployed • The dividend bucket separated from operating cash A management team needs flexibility with treasury assets, which means not being rigid about every dollar of cash. The whole focus over there right now is getting $STRC back to 100. "If that isn't clear, you're not paying attention."