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Happpo
š· MicroStrategy: buyback is more important than $BTC
⢠The strategy bought 334 BTC for $28.7M
ā¢Spent $176.3M on buyback of preferred shares (6x more)
ā¢Total reserve: exactly 848,000 BTC
ā¢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
ā¢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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