So serious question here.

I understand that MSTR has enough bitcoin to ultra cover its outstanding debt.

I also understand that MSTR is basically bitcoin volatility and dividend yield products wrapped around an unprofitable zombie software operating company.

SO - if MSTR is paying dividends on its derivative products (STRD, STRK, STRF) but MSTR is not selling Bitcoin and the operating company is unprofitable - WHERE DOES THE YEILD COME FROM TO PAY THE DIVIDENDS?

I ask people who are experts in traditional finance (and who are in MSTR or its circle of direct products / side products) to explain this to me in clear and simple English and the response I keep getting is “It’s too complicated, you wouldn’t understand”

Experience has taught me that this a very strong indicator of bullshit being afoot but perhaps I am missing something…

#plebchain #asknostr