u/AivernT

Saylor framed the move as a feature of the model rather than a break from it.

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"You buy bitcoin with credit, you let it appreciate, and then you sell bitcoin to pay the dividend."

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That is a different sentence than every prior Strategy quarter, where the playbook was to issue more debt or equity to fund obligations rather than touch the BTC stack.

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First time posting here. I think we are nearing the end lol.

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u/AivernT — 9 days ago