MicroStrategy Incorporated - 8.00% Series A Perpetual Strike Preferred Stock Stock Forum (NASDAQ:STRK)

yesterday

I took profits today. Stay safe out there everyone, BTC to the moon $$$.

yesterday

The NAV continues to slip, even as BTC is showing incredible strength. In the past MSTR would often signal BTC strength and bullish sentiment with sharp spikes in the NAV ratio. Also of concern is that STRF & STRK are both down almost 5% today.

The CAMT tax issue hanging over the company is probably spooking institutional investors, especially after the Big Beautiful Bill passed reconciliation without relief for crypto. It's possible the GENIUS act going through congress now will have some relief, but nobody has even seen the language for that bill yet and it's getting late in the fiscal year to offer relief now. That would also require new scoring from the Congressional Budget Office, which would likely cause a budget shortfall in the BBB that just passed.

Retail investors (not as knowledgeable about the tax problem) have more pure BTC treasury proxies to choose from now, plus ETFs like IBIT and BITX are becoming extremely popular and cut middlemen like Saylor out entirely.

Long term this is a bad sign for MSTR, unless Saylor can figure out a way to drum up new interest in the company and win back slipping mindshare. At the end of the day, mindshare and hype are the only things that drives MSTR's market cap above the net value of their BTC holdings.

wally237

yesterday

they're about to announce the biggest buy yet on monday. i'm calculating roughly 30k BTC bought, and thats conservative.

KAlidina

yesterday

it’s go time

mogulxtrades

yesterday

Saylor’s hitting the ATM selling preferred shares this time fund new Bitcoin acquisition for the 120k psychological level break with a potential gamma push to 125k. MSTR 440-450+ if that happens