Toy models suggest that, on aggregate, BTC ETF buyers may be content with 2-10% profit thresholds before exiting, contrasting sharply with $MSTR holders who effectively lock BTC in a "black hole" with an infinite exit price, as $MSTR's strategy emphasizes perpetual accumulation.

I can't believe this needs explaining: $MSTR pays preferred stock dividends via common ATM not because it has to, but because it's optimal. To those claiming $MSTR is a Ponzi—the key difference is that in a Ponzi, there's no $71B stack of hard assets (like Bitcoin) to liquidate.

Just signed the Genius Bill. Thank you for your attention to this matter!

Ignoring liquidity or seniority effects, the market currently implies a ~16% chance of STRD dividend non-payment versus STRF. My take is: MSTR will rarely ever have any incentive to not paying the div, as this would instantaneously and significantly increase STRD's yield and.

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#MAGA.

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