Mr. Kia
6.6K posts

Mr. Kia
@NeuronCap
₿ @Bitcoin | CRYPTO Enthusiast || Own Yourself...
Sumali Şubat 2022
129 Sinusundan472 Mga Tagasunod

BREAKING: $STRC just hit at $85.32, its lowest level ever.
It could force Strategy to sell more Bitcoin.
STRC is Strategy's preferred stock that pays an 11.5% annual dividend. When it trades below its $100 par value, the market is signaling that the yield is not high enough.
To bring STRC back to its peg, Strategy would need to raise that dividend rate.
But raising the dividend rate means a higher annual cash obligation. Strategy is currently funding that cash by selling MSTR shares.
The problem is MSTR's NAV premium has compressed close to 1x, meaning there is almost no room left to dilute further.
That could force them to look at this option. SELL BITCOIN.
Strategy also responded directly to these concerns. According to their latest 8-K filed June 15, their $55 billion Bitcoin reserve covers $1.7 billion in annual dividends and interest expenses for 32 years. Bitcoin only needs to appreciate 3.1% per year for them to break even on that obligation.
On paper, the cushion looks significant. But STRC is still trading at $86, $14 below its $100 par value. The market is not convinced yet.
When Strategy sold just $2 million worth of Bitcoin last time, the price dropped 20%. If Strategy is forced into becoming a consistent seller, the impact on Bitcoin would be significant.
Strategy has been the single largest institutional Bitcoin buyer in the world. The data says they have 32 years of runway. The market is still pricing STRC at a discount.


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@Kleaj22 @stats_feed Not at all bruh , I am from India . The condition here is extremely devastating. It's just shitty govt. scripted data to glorify their span of ruling.
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@CallumLyon Why do you have a car if you only earn 2k per month?
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The UK economy basically works like this:
Get paid £2,000.
Give £900 to a landlord. Give £200 to the council. Give £150 to energy companies. Give £300 to supermarkets. Give £300 to car insurance and fuel.
Spend the rest surviving until next payday.
Then get lectured by someone who bought their house for £37,000 in 1988 about how you need to stop buying coffees and cancel subscriptions.
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🚀Today $SPCX stock listing
💵IPO price - $135
👀It is trading at $174 on Pre-IPO Perpetual Contracts on Binance Futures
🏆SpaceX sitting at #10 in world assets at IPO price
🤔Wt do u think about this IPO?
🤔Will it list above or below IPO price?
💙Like
🔁RT

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spot me 👀
correct answer gets a prize
Adam Lyttle@adamlyttleapps
#WWDC26 watch party was a lot of fun! Thanks everyone who came along Feedback received: do more Okey dokey 🫡
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🚨 Top 10 Richest Chief Ministers in India.
1. D. K. Shivakumar - ₹1,413 crore ⏳️
2. N. Chandrababu Naidu - ₹931 crore
3. Chandrasekaran Joseph Vijay - ₹603 crore
4. Pema Khandu - ₹332 crore
5. Neiphiu Rio - ₹46 crore
6. Mohan Yadav - ₹42 crore
7. N. Rangasamy - ₹38 crore
8. Revanth Reddy - ₹30 crore
9. Bhupendra Patel - ₹24 crore
10. Pramod Sawant - ₹23 crore
Eesti

Positions update (-177k uPNL):
$BTC short: no news with this one, keeping the same idea I've been sharing during the last days. Looks pretty neutral rn but 74k is playing as resistance. We are at weekend so it's normal for it to be slower now.
$SOL and $NEAR longs: pretty much the same, it's my two alt hedge longs. $SOL hasn't been that bad, $NEAR is a headache tbh, the PA is ass.
$HYPE short: has run a bit, didn't expect it to be that strong for so long tbh. Will keep holding for now as I think we are at the end of the squeeze. I was looking for an 8-10% move down from my entry but it's too strong. Will give it some time and reassess.
Is my first losing trade after 22 consecutive wins in this screenshot?
We'll see it soon.

Mizer@MizerXBT
Shorted $850k $HYPE
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