So Saylor bought 250 BTC and dropped $192M buying back STRC? That's like 9x more on the preferred stock than on sats. I get it, gotta keep the structure healthy, but c'mon man. Feels like he's shoring up the boat before rowing further. Still holding 848k BTC though, so no panic. Just funny seeing the "always more orange" guy spend way more on financial engineering than actual orange this time.
So Saylor bought 250 BTC and dropped $192M buying back STRC? That's like 9x more on the preferred stock than on sats. I get it, gotta keep the structure healthy, but c'mon man. Feels like he's shoring up the boat before rowing further. Still holding 848k BTC though, so no panic. Just funny seeing the "always more orange" guy spend way more on financial engineering than actual orange this time.