Few thoughts on $MSTR : - They paid the dividends for their preferred shares today by selling $MSTR. "How do they finance the dividends ??" => Now you have your answer. - $STRF, $STRK and $STRD all pumped "hard" today, probably as a consequence of these dividend payments. - As I've said it several times, I think these products are severely under-valued, I expect STRK and STRF to both trade above $150 at some point. The market is waking up to the attractiveness of these stocks progressively. (STRK is an insanely great product imo) - $MSTR also pumped today (+4% vs $IBIT) DESPITE Saylor telling the market that he is selling MSTR shares again, something he had stopped doing for several weeks. - Given the price of BTC at the end of this quarter, $MSTR will qualify for the S&P 500 inclusion, which is probably what explains the strength in the stock today. - We won't know if it will really get included into the S&P before several weeks (maybe even months?), but an SPX inclusion is HUGE and gets frontrun by the market (by pumping the stock obviously). - This is an important catalyst for the MSTR stock, which means it's also an important catalyst for BTC. Higher.