Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Of note:
MSTR announced that they will not common stock to directly buy BTC as long as mNAV is less than 2.5X (currently 1.53X)...no more share dilution for a while.
Instead, they issued ATM using preferreds: Q2-$683.6 mil
STRK ATM has 20.5bil remaining, STRF ATM has 1.9 bil remaining, STRD has 4.2 bil ATM remaining.
STRC just IPOed-another $2.5 bil (5X oversubscribed, which means potential ATM sales would be sought after).
STRC will pay 10% (as of today) dividend of 0.8/sghare on Aug 31 to shareholders as of Aug 15
Beats money market at 4%, so I got some exchanged (at 94).
https://www.strategy.com/press/strategy-announces-second-quarter-2025-financial-results_07-31-2025
MSTR announced that they will not common stock to directly buy BTC as long as mNAV is less than 2.5X (currently 1.53X)...no more share dilution for a while.
Instead, they issued ATM using preferreds: Q2-$683.6 mil
STRK ATM has 20.5bil remaining, STRF ATM has 1.9 bil remaining, STRD has 4.2 bil ATM remaining.
STRC just IPOed-another $2.5 bil (5X oversubscribed, which means potential ATM sales would be sought after).
STRC will pay 10% (as of today) dividend of 0.8/sghare on Aug 31 to shareholders as of Aug 15
Beats money market at 4%, so I got some exchanged (at 94).
https://www.strategy.com/press/strategy-announces-second-quarter-2025-financial-results_07-31-2025