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.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。