"Now, a interesting nuance here is that STRC is still trading around $94,956."
Predictions closed
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… y're selling Micro Strategy or Strategy stock to add to their cash reserve that they had drawn down to close a convertible note and also to add more Bitcoin. But they have not for weeks now been able to do it using their preferred, leading many to wonder if this is in fact a form of dilution of their stock. That was hotly debated all of last week. Now, a interesting nuance here is that STRC is still trading around $94,956. Usually at the middle of the month, the X dividend date, last I checked, it's June 15th. That's when we see STRC trading back up to par, hitting $100, and the buying machine turning on. That did not happen this month for the first time in quite a long time. Does not necessarily mean there's a negative. It just means that the mechanics have clearly …