Prediction evidence

Me

Merlijn The Trader

@MerlijnTrader

🇺🇸 WHAT SAYLOR JUST DID, SPELLED OUT: He sold 1,638 Bitcoin at roughly $63,880. His own average cost is $75,419. That's a loss, taken on purpose. Where the money went: buying back STRC the preferred shares Strategy sold to the public at $100, now trading below $90, paying 12% a year. So he retires $100 of obligation for less than $90, funded by Bitcoin sold at a loss. Strategy's own filing: it won't cut that dividend "until the shares trade consistently near their stated $100 value." Either that's disciplined debt retirement at a discount, or the machine is eating itself. My take: the "infinite bid" era is over. That's one less floor under this range. But before you PANIC the last time Saylor sold into weakness, it was near the BOTTOM, not the top. Forced sellers mark lows more often than tops. September is the deadline. Recovery or acceleration. The weekly filings tell us which, and I read those.