I think they issue more MSTR rather than STRC because they rather dilute common stock holders rather than have to pay dividends. That way they don’t have to eat too much into their cash reserves.
What is STRC benefit to Strategy if they don't want to pay the dividends?
If MSTR had a 2x, 3x Mnav then I would see why they would sell MSTR but when it is a 1x or below I would think they would sell the preferred STRC shares.
I think they issue more MSTR rather than STRC because they rather dilute common stock holders rather than have to pay dividends. That way they don’t have to eat too much into their cash reserves.