Rambo retweeted
Look, I'm not a super smart guy...
But I'm having a hard time with this.
$STRC pays an 11.5% dividend yield.
That yield, as far as I'm concerned, comes from:
• Bitcoin's appreciation
• The ability to issue $MSTR equity
• The ability to issue $STRC preferred equity
But $MSTR is sitting on an unrealized loss of ~$11Bn.
$MSTR stock is down -78.4% from its highs in Nov.'24, but it's also down -37.7% in the past 6 months and -70.3% in the past year.
In other words, the first two options are off the table.
Which only leaves the third option as viable...
But then the ability of the asset to pay an 11.5% yield is based on the ability to issue more of that same asset?
Explain this to me like I'm 8 years old.
Please.
Rambo retweeted
The lack of uproar about this obvious grifting shows how deep we are down the hole now. The entire family has increased its net worth by 100s of millions by way of the Oval Office and the voters have allowed it. Some have even justified it with a coping "lesser of two evils" take. Principled leadership and institutional trust is so dead the nation doesn't even blink at this shit anymore.
Rambo retweeted
It’s really crazy that being poor just leads to being even more poor as time goes on. Can’t afford a reliable car? Miss work. Miss work? Lose your job. No job? Can’t afford a car. Can’t afford childcare? Lose hours at work. Lose hours? Miss the promotion. No promotion? Can’t afford childcare. Can’t afford healthy food? Rely on cheap calories. Cheap calories? Poor health. Poor health? Higher medical bills. Can’t pay off debt? Credit score drops. Credit score drops? Higher interest. Higher interest? More debt.
