
Stretch currently offers a 11.50% annual dividend rate, paid monthly. $STRC
Collin
9.7K posts

@TheValueThinker
Crypto | Stocks | Finance. Trying to add Value.

Stretch currently offers a 11.50% annual dividend rate, paid monthly. $STRC

I have a serious question. What happens if STRC doesn't go back to $100? The way I see it is a follows: - Holders of STRC receive the dividend regardless of the price. - If STRC doesn't go back to $100m then Saylor can't sell more to buy BTC. - That is bad for BTC because the market will realize that the biggest buyer can't raise cash. -If STRC has one or 2 months where it doesn't hit $100 the market realizes that its not actually worth $100, it could be worth $70, $50, who knows... - As soon as that happen we get a death spiral of sorts where Saylor has to keep raising the yield to try get it back to $100. The only problem is that the more he raises the yield , the more BTC he may need to sell... What am I missing? Serious comments only please.



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