MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

[stompix]

And Saylor posted his "The Four Ideologies of Bitcoin".

I thought that one of the ideologies was to sell a kidney before you sell BTC, and all other crap

How men change with time
When money stops flowing in
Get the pitchforks ready! 

[Donneski]

And Saylor posted his "The Four Ideologies of Bitcoin".

I thought that one of the ideologies was to sell a kidney before you sell BTC, and all other crap

How men change with time
When money stops flowing in
Get the pitchforks ready!  

Probably, there'll be a fifth ideology that says "have strong conviction until you're are truly tested by the bear market.

It baffles me to see some of the most extreme opinions about the market vanish the moment the market dumbs. It's moments like this that we seperate the strong and genuine believers of Bitcoin from those who more interested in the bullish market.

[fillippone]

Strategy announced that it bought $100 million worth of Bitcoin and allocated another $100 million to replenish its reserve.

Good, but not great.

As expected, they issued common equity for $180 million and brought their “cash flow servicing reserve” up to 7 months.

	Source of funds: MSTR, issued at 1.2 mNAV	The reserve is now worth a whopping 7 months.

There is an ongoing balancing act between the different stakeholders: common shareholders, debt holders, and holders of hybrid securities. Every possible solution triggers a different reaction from each class, so it is basically impossible to keep everyone happy.

STRC is now trading at 94.4, after touching 90.38 on Thursday.

[Free Market Capitalist]

There is an ongoing balancing act between the different stakeholders: common shareholders, debt holders, and holders of hybrid securities. Every possible solution triggers a different reaction from each class, so it is basically impossible to keep everyone happy.

What he is doing is diluting MSTR shareholders non-stop using a fake MNAV.

[JayJuanGee]

There is an ongoing balancing act between the different stakeholders: common shareholders, debt holders, and holders of hybrid securities. Every possible solution triggers a different reaction from each class, so it is basically impossible to keep everyone happy.

What he is doing is diluting MSTR shareholders non-stop using a fake MNAV.

For sure, I am not going to claim to know or understand all of the trade offs, and surely MSTR/Saylor put themselves in situations to overly complicate their own situation with so many seemingly conflicting financial products and the seeming tradeoffs that they had left themselves, and sometimes even some of their most basic actions, when in May they depleted something like 3/4 of their cash reserves (like right around $1.4 billion) to pay off 0% interest debt that had an expiration date that was more than 2 years into the future comes off as nearly retarded in the Finances 101 realm, yet I am still not going to really proclaim that I understand the trade-offs - even though I now witness them setting aside $100 million (around 1/14th of the earlier amount that was used up for their earlier debt servicing last month) to replenish their current seemingly mediocre cash reserves.

[Ambatman]

There is an ongoing balancing act between the different stakeholders: common shareholders, debt holders, and holders of hybrid securities. Every possible solution triggers a different reaction from each class, so it is basically impossible to keep everyone happy.

STRC is now trading at 94.4, after touching 90.38 on Thursday.

I feel bad for common shareholders
Not really a fan of dilution when their action before it was unprecedented.
Bitcoin per share narrative like it helped with how much their investment are valued.
They printing shares like government printing Fiat.

yet I am still not going to really proclaim that I understand the trade-offs - even though I now witness them setting aside $100 million (around 1/14th of the earlier amount that was used up for their earlier debt servicing last month) to replenish their current seemingly mediocre cash reserves.

The amount feels like nothing in the grand scheme of things
And I saw someone stating that why pay with today money for a Debt
When it could be cheaper thanks to inflation in the future.

[nikola22]

Stockholders approved Proposal 5 at its 2026 Annual Meeting of Stockholders, held virtually on June 8, 2026, amending the terms of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (“STRC”), to move from monthly to semi-monthly dividend record dates and dividend payment dates.

STRC’s new semi-monthly dividend cadence will begin at the end of this month. Record dates will fall on the 15th and the last day of each month, with payment dates on the subsequent record date. Subject to declaration by Strategy’s board, the first semi-monthly record date will be June 30, 2026, and the first semi-monthly payment date will be July 15, 2026. STRC’s last monthly record date will be June 15, 2026, and its last monthly payment date will be June 30.

https://www.strategy.com/press/strategy-announces-approval-of-strc-semi-monthly-dividends_06-08-2026

looks like Strategy wants to increase the attractiveness of STRC. next week we'll be able to see the effectiveness of such steps.

[Free Market Capitalist]

...when in May they depleted something like 3/4 of their cash reserves (like right around $1.4 billion) to pay off 0% interest debt that had an expiration date that was more than 2 years into the future comes off as nearly retarded in the Finances 101 realm...

It was very retarded.

They printing shares like government printing Fiat.

But there are two key differences. The first is that the government has the police and the military to defend its fiat system. Strategy does not. And the second is the leeway the government has (through the Fed) to protect itself against market attacks (if someone were to bet against the dollar, for example).

[Dreadboost]

For sure, I am not going to claim to know or understand all of the trade offs, and surely MSTR/Saylor put themselves in situations to overly complicate their own situation with so many seemingly conflicting financial products and the seeming tradeoffs that they had left themselves, and sometimes even some of their most basic actions, when in May they depleted something like 3/4 of their cash reserves (like right around $1.4 billion) to pay off 0% interest debt that had an expiration date that was more than 2 years into the future comes off as nearly retarded in the Finances 101 realm, yet I am still not going to really proclaim that I understand the trade-offs - even though I now witness them setting aside $100 million (around 1/14th of the earlier amount that was used up for their earlier debt servicing last month) to replenish their current seemingly mediocre cash reserves.

I often say we cannot tell where someone else feel pain unless we wear their shoes. MSTR is ongoingly having more debt in their hand, no matter the action they take now in complicating the market for themselves and also for the new investors. However, the idea that no matter what they do, there is enough share to give out even if they have to scrap it out. Investors keep trooping in. Now, I ask my self it these recent actions is to attract investors aside from the major aim of settlement.  Well, I think it is impossible to think it is possible to understand the action of MSTR.

[Free Market Capitalist]

At this point, if Saylor had an account on the forum I would red tag him and create a newbie warning flag. There is clear high risk of losing your money if you buy any MSTR products right now. And marketing STRC as a safe alternative to savings accounts and bank deposits is just a joke. A terrible one.