Rene Pickhardt: Strategy buyback using bitcoin could benefit shareholders

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• Strategy bitcoin buyback could benefit shares

Rene Pickhardt suggested that if indices selling off MSTR shares lead to the stock trading below its market net asset value (mNAV) of 1, then using bitcoin to fund a buyback could be accretive for Strategy shareholders.

Pickhardt described this approach as another step in what he called 'Saylor's dumb play' and expressed concern that retail investors might be negatively affected.

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But we saved everything 🙂.

But we saved everything 🙂.

• #Rene Pickhardt

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