Poor performances?
It may be a poor return for what was expected, but a security that was launched
on July 29 for $90, which in just over a month, with little volatility as it is August, is trading at almost $98, I would not call a poor return. That return within the markets it is trying to compete with, such as coupon-paying bonds or stable companies that pay dividends, is huge, massive.
What I think Saylor wants to do is accelerate the arrival of the price at $100 because from there on, everything that goes up will be sold in STRC ATMs to replace MSTR ATMs.
Exactly.
I mean poor performance is the fact that it didnt reach 100, as this would be considered a neutral level that wouldnt impact on the life cycle of the stock.
This quarter the performance wasnt good, so Strategy raised their Dividend Yield target, thats it.
Today is September 7, 2025. Looking at the picture below, we can see that Micro Studies raised $19.2 billion in funds in the first 8 months of 2025. Where $11.5B is Common Equity
and $7.8B is Fixed Income, i.e. a total of $19.2B.
Where the bulk of the Fixed Income $7.8B, i.e. $2.52B, came from STRC. And when STRC launched in the market, its price was $90 but it is currently trading at $98. That is, the price has increased by about 9% in a month, which is not negligible at all. Yes, we might have expected better performance from STRC, as you said, $100, but it has not yet touched this price. For which we might call it bad performance. But in reality, it is not bad performance at all. I think Michael Saylor is working on this and he probably wants it to hit $100 because as Free Market Capitalist said, if it goes above $100, STRC can be sold off and used in place of MSTR ATMs, STRC ATMs. I think that will allow the company to raise funds to buy more.
Picture Source:
Strategy Twitter post 