Exchanges· ★★★· neutral·

Saylor discloses Strategy capital structure: MSTR USD duration at 3.5 years, $192M STRC buyback

  • —Strategy repurchased $192 million of STRC preferred stock
  • —MSTR USD duration estimated at 3.5 years with BTC at $82,252
  • —STRC BTC credit spread at 52 bps assuming 40% BTC volatility
  • —Strategy holds 848,250 BTC and $5.5 billion in dollar assets
Why it matters: The disclosure shows how Strategy balances its bitcoin reserves against debt, a key input for assessing MSTR holder risk.
Source: PANews