Did Strive Just Force MSTR to Change Strategy?
Strategy is selling Bitcoin again, but the bigger story may be WHY.
This week, Strategy sold $108 million of Bitcoin and used the proceeds to buy back STRC, while raising another $650 million through the MSTR ATM and pushing its USD reserve to $4.65 billion.
Is Strategy simply strengthening its balance sheet, or could Michael Saylor be preparing for something much bigger?
We explore a potential zero net debt strategy, whether MSTR dilution is starting to go too far, why Strategy continues selling Bitcoin, and why the market barely seems to care anymore.
Meanwhile, a major shift is happening…
The skinny
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