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But we saved everything 🙂.
Jesse Kobernick, industry influencer, argues that STRC holders should have cash reserves for 36 months instead of 18 months. Kobernick notes that each STRC issuance would cost almost 35 percent and views this as a hurdle rate issue for Strategy common holders.
Kobernick has previously explored how funding negative earnings through equity or asset sales can result in a higher effective hurdle rate for investors, according to his recent comments. He has also questioned whether Strategy's presence has altered bitcoin's path or if another major buyer would have assumed a similar role, as noted in a prior article. These discussions provide additional context for his latest remarks on STRC cash reserve policy.