Episode Details
Back to EpisodesStrategy (MSTR) is down 78% from its peak
Episode 198
Published 3 months, 2 weeks ago
Description
This brief is about how MSTR's deep drawdown and Strategy's shift from aggressive buying to defense are changing the role of the largest corporate BTC buyer. The logic is simple: the longer this proxy stock trades deeply underwater, the higher the risk that the burden of dividends and debt will eventually reach Bitcoin itself.