You guys are talking about it like there are no other strategies that are available to him.
Who knows, maybe he is playing a Mark Cuban strategy....with derivatives?
In short...buy puts, sell calls, then sell the whole 5bil at once...profit.
The size is similar to Cuban's and i am sure either Goldman or Cantor Fitzerald would make such a deal with him.
Overall, I am not sure what is the purpose of MSTR any longer.
To support STRC divvy?
Who gives a s-t about STRC?
Not many people.
Yes, he might be using is influence on the bitcoin community and his followers and cause pumps and dumps repeatedly and profit from this heheheh. I reckon that an announcement of an SEC investigation will certainly cause another occurrence of fear on the market.
On MSTR, the purpose of this is to issue more and dump on the market and dilute the MSTR stockholders to get more dollars and pump STRC.
On STRC, agreed that many people do not anymore care for this. However, the company behind this is the biggest institutional holder of bitcoin. The failure of Michael Sellor's experiment can cause him to dump and dump causing more fear on the market. People should be concerned!