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Grayscale Research Head Says Saylor's Strategy Faces a $1.5 Billion Cash-Flow Trap, Not a Bitcoin One
Strategy owes about $1.5B a year in preferred dividends against $477M in revenue, a cash-flow gap critics say bitcoin can't fix.
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cryptobriefing.com
Strategy's Michael Saylor explains how selling 1.4% of assets can fund Bitcoin dividends indefinitely
Michael Saylor explains how Strategy's STRC preferred stock, just 1.4% of assets, funds Bitcoin dividends while replacing every BTC sold with 10-20 more.
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news.bitcoin.com
Grayscale Research Head Says Saylor's Strategy Faces a $1.5 Billion Cash-Flow Trap, Not a Bitcoin One
Strategy owes about $1.5B a year in preferred dividends against $477M in revenue, a cash-flow gap critics say bitcoin can't fix.