{"id":92119,"date":"2026-05-13T15:31:36","date_gmt":"2026-05-13T15:31:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=92119"},"modified":"2026-05-13T15:31:36","modified_gmt":"2026-05-13T15:31:36","slug":"how-far-can-michael-saylor-stretch-it-strategys-bitcoin-machine-enters-a-new-phase","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=92119","title":{"rendered":"How Far Can Michael Saylor ‘Stretch’ It? Strategy’s Bitcoin Machine Enters A New Phase"},"content":{"rendered":"
\n

Michael Saylor\u2019s<\/strong> Strategy Inc. <\/strong>(NASDAQ:<\/a>MSTR<\/a>) is increasingly relying on STRC to keep buying Bitcoin<\/strong> (CRYPTO: <\/a>BTC<\/a>), but the math behind the company’s accumulation engine is becoming more difficult as dilution pressures build.<\/p>\n

Strategy’s Centerpiece Is Now STRC<\/strong><\/h2>\n

Strategy’s earlier Bitcoin purchases worked because MSTR traded at a massive premium to its underlying BTC holdings. At roughly 1.24x EV-based mNAV, however, that advantage has narrowed significantly.<\/p>\n

Research firm Delphi Digital notes<\/a> that STRC has now become the centerpiece of Strategy’s latest BTC acquisition strategy, shifting the company away from relying purely on common stock issuance and convertible debt. \u00a0<\/p>\n

It gives Strategy access to a different investor base.<\/p>\n

Instead of selling equity upside, the company is …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Michael Saylor\u2019s Strategy Inc. (NASDAQ:MSTR) is increasingly relying on STRC to keep buying Bitcoin (CRYPTO: BTC), but the math behind the company’s accumulation engine is becoming more difficult as dilution pressures build. Strategy’s Centerpiece Is Now STRC Strategy’s earlier Bitcoin purchases worked because MSTR traded at a massive premium to its underlying BTC holdings. At […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-92119","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/92119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=92119"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/92119\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}