Post
Happpo
🔷 MicroStrategy: buyback is more important than $BTC
• The strategy bought 334 BTC for $28.7M
•Spent $176.3M on buyback of preferred shares (6x more)
•Total reserve: exactly 848,000 BTC
•Third week of purchases, but volume is 5 times less (was 1,665 BTC)
• Income from BTC for Q3: $20.91B
• Preferred shares:12% annual dividends
•Peter Schiff: no more buying opportunities left
Slowing down BTC purchases. But $20.91B income for Q3 = the strategy works
Proper capital redistribution?
#DailyOrbit
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