Category: strategy
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Strategy 2026-08-03
Strategy’s Digital Credit Capital Framework (DCCF) does not seem to be working. As discussed previously, Strategy (MSTR) introduced the DCCF at the end of June with the stated purpose of strengthening its USD reserves for paying interest and preferred stock dividends and potentially doing buybacks of its securities. The underlying purpose was to address the…
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Strategy 2026-06-29
So, how is Strategy doing? Not great — STRC (one of the preferred stocks issued by Strategy) is well below par and was falling fast. That is presumably why they have just announced their Digital Credit Capital Framework (SEC filing). So what does it mean? USD Reserve Policy Under the policy, the USD Reserve may…
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“BTC Yield”
I have an investment opportunity for you. I have a bag, into which I have put £100. My offer to you is that you add £3 to the bag, and in exchange I give you 1% ownership of the bag and its contents (retaining 99% myself). Your first response might be that this seems like…