Is MicroStrategy's STRC a Dangerous Ponzi? Will Explains | Ep 528
Good now revolutionaries— closing out the week with the biggest single-episode Reposa Coffee feature yet (Will and Violet do a live tasting of the cold brew, caramel latte, and the coffee-tonic-water hybrid Will couldn't get behind — Violet rates the caramel latte 8.5/10). Will mentions RUMS is meeting with Reposa today to formalize a partnership and explore a Boston food-channel cross-pollination.
The meatiest segment is Will's plain-English breakdown of MicroStrategy's STRC instrument after Bearded asked if it's a dangerous Ponzi. Will frames STRC as a corporate bond with an 11.5% dividend…
The skinny
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