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🎉 Gate 2025 Gala | Year-End Selection
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$MSTR: What the Market Is REALLY Saying
This isn’t a Bitcoin Crash.
It’s the Unwind of a Leverage + Premium Trade.
$MSTR Down ~66% in 6 Months
~$90B Market Cap Erased
Trades 20–25% Below BTC Value
$STRC Dividend Raised to 11%
#Bitcoin = Strong Asset
#MSTR = Dilution + Lost Premium
When the NAV Premium Disappears, Leverage Works Against You.
Raising Yield is a Defensive Move, Not Bullish.
Markets Reward Clean Balance Sheets, Not Complex Stories.
@Strategy @saylor