$Strategy(MSTR)$ Selling into the recent rally to acquire more of the underlying is actually the right move when the stock is trading at a premium.
Building asset holdings at a support level while keeping cash reserves and USD reserves untouched.
The preferred metric doesn't count as debt because it isn't debt.
Looking at the lows, they've completely shifted their monetary policies and clearly learned from the previous cycle. Those posting "dilution, dilution" on every tick down seem to have some lingering PTSD and haven't taken the time to actually study the situation.
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