Strategy Q2 Call: Banks Raise MSTR Forecasts, STRC to Par
During Strategy's (MSTR) Q2 earnings call, Michael Saylor said banks are universally increasing price forecasts for MSTR, with the average fair market value above $200. The company confirmed it will not raise the STRC dividend beyond 12%, as the focus is on bringing STRC back to par value.
Detected & updated continuously · Source: Nebula
Mentioned
MSTR2100 (mstr)
@saylorSources
@BTCtreasuries
JUST IN: Strategy's $MSTR Q2 earnings call with Michael Saylor is live. @GrainofSaltSF & @TylerCompiler break it all down after the call. ⚡️WATCH: https://t.co/E5KesMxWQ0
@BTCtreasuries
Just in: Strategy just said banks are increasing their price forecasts for $MSTR almost universally. The average bank is now saying the fair market value of MSTR is above $200. WATCH: https://t.co/E5KesMxWQ0
@thepowerfulHRV
Main takeaway from the $MSTR earnings call: STRC is going back to par.
@thepowerfulHRV
$MSTR is not planning to increase the $STRC dividend beyond 12%. "we found that increasing the STRC rate is not really an effective way to bring it back to par"