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Let me explain:

Strategy now has $2.25 billion in cash.

That covers almost 3 years of dividends from the preferred bonds.

Zero need to sell $MSTR.

Zero need to sell $BTC.

Why does this matter?

Predictability.

Any investor can open Strategy's dashboard and see exactly how many months of payments are covered.

This changes everything.

Less perceived risk = more institutional funds can buy the preferred bonds.

More demand for the preferred bonds = greater chance of a rating upgrade.

Higher rating = greater chance of entering the S&P 500.

And entry into the S&P 500 = trillions in passive ETFs obligated to buy MSTR.

It's a self-reinforcing cycle:

More USD → more hedging → less risk → higher rating → S&P 500 → more capital → more BTC

Saylor isn't just buying Bitcoin and dollars.

He's paving the way for entry into the world's most important index.

Explosive.

Yup this is all about S&P entry and improving the bond rating. If they ever get AAA status watch out!

@remindme in 1 year

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