
The episode discusses the current pricing of Strategy's preferred stock at junk levels and the implications of widening credit spreads.
Join Bitcoin University Premium: https://www.bitcoinuniversity.com/join In this video, I discuss how Strategy's favorite preferred (STRC) is currently being priced at junk levels. Strategy has had to repeatedly raise the dividend, even as interest rates have fallen over the past 6 months, in order to keep STRC close to $100. In other words, the credit spread has widened, indicating that both STRC and MSTR have become much riskier (MSTR is junior in the capital structure to STRC). Note to idiots: yes, I understand the difference between a bond and a preferred stock Not investment advice! Consult a financial advisor. STRC effective yield: https://finance.yahoo.com/quote/STRC/ Saylor contradicting himself: https://x.com/btcefe/status/2065230840624230774 Is this actual fraud? https://x.com/davidzmorris/status/2065168581415821695 https://x.com/austincampbell/status/2065178461409341836 Michael Saylor Never Seller: https://www.youtube.com/watch?v=MLQV_SUWpxE SOFR: https://www.newyorkfed.org/markets/reference-rates/sofr-averages-and-index Glenn Cameron on STRC and credit spreads: https://x.com/GlennOnrampBTC/status/2062869018646577553 Bitcoin is not a license to scam…
Host: Bitcoin University
Organizations: Yahoo Finance, New York Fed
Products: STRC, MSTR
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