Perpetual dilution of equity is where the yield comes from. And the fact that it results in a positive yield is because of the delta between the performance of assets and the cost of liabilities. It's...
As a retired person, STRC is enticing, but I’ve been too cautious to jump in that pool.
I’d be happy enough with a de minimus exemption, spend sats when high, buy back on dips.
I’d be happy enough with a de minimus exemption, spend sats when high, buy back on dips.
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