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But we saved everything 🙂.
Laura Shin states that most observers expected Strategy to use its ATM facility, raise $100 million, and possibly release news regarding its other preferred securities trading below par this Monday.
She explains that instead, the actions taken were significantly broader and resulted in a strengthened fiat reserve, exceeding initial expectations.
Earlier this month, Laura Shin highlighted centralized control at Strategy and noted declines in STRC and MSTR, describing the company's increasing financial risks in one report. She has also analyzed industry sentiment beyond Strategy, such as Wall Street’s positive outlook on Ethereum amid changes in token dynamics in a separate article. These earlier assessments provide context to the recent surprise regarding Strategy’s strengthened fiat reserve.