Just came across this on my feed. If all that is true, it’s very concerning.

“…Strategy Inc. just disclosed something extraordinary. They own 649,870 Bitcoin. That is 3.26 percent of every Bitcoin that will ever exist. Total cost: $48.37 billion.

They also disclosed the numbers that prove this cannot survive the next 90 days….”

“…Strategy has $54 million in cash. They owe $700 million per year in preferred stock dividends. Their software business generates negative cash flow. To pay dividends, they must raise $700 million in new capital every single year before buying a single additional Bitcoin…”

https://x.com/shanaka86/status/1992740665957155059?s=46

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