Genious move from Gigachad Michael Seller:
> People give you fiat for STRC
> Use that fiat to buy tons of BTC
> STRC colapses to 0 and people cant claim nothing back
> MSTR keeps all the BTC
https://...
Well a company share remaines a company share. In case of a liquidation of STRC, shareholder receive an equal part of the underlying asset (BTC) corresponding to their share percentage of the company.
Also in case of insolvency the priority for compensation is:
1. Creditors
2. Holders of preferred stock
3. Holders of common stock
Even in this case shareholders receive BTC (if it was not all spent on ephemere goods and salaries).
Also in case of insolvency the priority for compensation is:
1. Creditors
2. Holders of preferred stock
3. Holders of common stock
Even in this case shareholders receive BTC (if it was not all spent on ephemere goods and salaries).
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