TheTrustPilot

Let me explain what just happened with Michael Saylor and Bitcoin. For years, the Saylor trade had one sacred rule: never sell the BTC. $MSTR Issue equity. Issue converts. Issue preferreds. Raise dollars. Buy more bitcoin. Repeat forever. The market treated Strategy like a one-way black hole for BTC supply. Until customers stopped buying equity. So he upped the ante with $STRC. STRC is a super high yield dividend stock paying 11% APY, which is.... INSANELY HIGH. Many called it a ponzi because, uh, where does the money come from? Strategy raised $5.58B with STRC in just a few months!! That means the machine now has a recurring cash obligation. Many traders on X beleived this saylor found an infinite money glitch and could keep buying BTC forever sending the price higher and issuing more STRC to spin the wheel harder... BUT today Saylor just admitted that he will have to sell some BTC to fund the STRC dividend. The infinite money glitch only works while capital markets keep funding the loop. Sell STRC, buy BTC, BTC goes up, issue more paper, buy more BTC. This is super logical, obviously he can't just promise fixed yield forever without selling stuff, but it fundamentally alters the narrative that has been driving this relief rally. Saylor / $MSTR are the single largest holder of Bitcoin in the world. When they say they "might sell some" It has the potential to change the dynamic of the entire crypto market. Saylor has proven he's a financial engineering genius, so I'm not gonna make any bold predictions like "ooh this is gonna kill BTC" ... but my friends it's not what you want to read as Bitcoin tries to break out of a bear market range during a midterm year.