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But we saved everything 🙂.
Jesse Kobernick commented that the effective hurdle rate is higher than the preferred yield when a company must cover negative earnings through equity or asset sales.
The statement points to the financial challenge companies face if operating losses require new capital raised from shareholders or asset disposals.
Kobernick has previously questioned whether Strategy’s involvement has changed bitcoin’s path or if another major buyer would have filled that role instead, according to a recent post analyzing bitcoin’s trajectory. He has also discussed the long-term outlook for MSTR, STRC, and Bitcoin holders, urging careful consideration in a separate piece on market strategy. These comments add further context to his views on financial challenges faced by companies and investors.