Vinny Lingham
@VinnyLingham
RT
@CalebFranzen: Look, I'm not a super smart guy... But I'm having a hard time with this. $STRC pays an 11.5% dividend yield. That yield, as far as I'm concerned, comes from: • Bitcoin's appreciation • The ability to issue $MSTR equity • The ability to issue $STRC preferred equity But $MSTR is sitting on an unrealized loss of ~$11Bn. $MSTR stock is down -78.4% from its highs in Nov.'24, but it's also down -37.7% in the past 6 months and -70.3% in the past year. In other words, the first two options are off the table. Which only leaves the third option as viable... But then the ability of the asset to pay an 11.5% yield is based on the ability to issue more of that same asset? Explain this to me like I'm 8 years old. Please.
@CalebFranzen: Look, I'm not a super smart guy... But I'm having a hard time with this. $STRC pays an 11.5% dividend yield. That yield, as far as I'm concerned, comes from: • Bitcoin's appreciation • The ability to issue $MSTR equity • The ability to issue $STRC preferred equity But $MSTR is sitting on an unrealized loss of ~$11Bn. $MSTR stock is down -78.4% from its highs in Nov.'24, but it's also down -37.7% in the past 6 months and -70.3% in the past year. In other words, the first two options are off the table. Which only leaves the third option as viable... But then the ability of the asset to pay an 11.5% yield is based on the ability to issue more of that same asset? Explain this to me like I'm 8 years old. Please.
@CalebFranzen
Look, I'm not a super smart guy...
But I'm having a hard time with this.
$STRC pays an 11.5% dividend yield.
That yield, as far as I'm concerned, comes from:
• Bitcoin's appreciation
• The ability to issue $MSTR equity
• The ability to issue $STRC preferred equity
But $MSTR is sitting on an unrealized loss of ~$11Bn.
$MSTR stock is down -78.4% from its highs in Nov.'24, but it's also down -37.7% in the past 6 months and -70.3% in the past year.
In other words, the first two options are off the table.
Which only leaves the third option as viable...
But then the ability of the asset to pay an 11.5% yield is based on the ability to issue more of that same asset?
Explain this to me like I'm 8 years old.
Please.