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Jesse Kobernick suggests implementing a daily dividend approach for STRC to better align with money market accruals. The proposal involves 30 record dates and 30 dividend distributions, replicating the accrual pattern of money market instruments.
Kobernick acknowledges that while operationally unique, such a structure might be challenging to implement efficiently.
Kobernick has previously examined how funding negative earnings with equity or asset sales increases the effective hurdle rate, as detailed in his analysis of earnings dynamics. In a separate note, he questioned whether major buyers have a lasting impact on bitcoin's trajectory or if others would fill their place, referencing recent market developments. The latest proposal builds on his pattern of scrutinizing financial structuring and market mechanics.