Strategy: A New Crypto Winter Raises Risk Around Dividends Of The Junk Preferreds

Core Insights - MSTR is experiencing a decline in yield and faces challenges due to a potential crypto winter, which may impact its quarterly coupon payments related to its preferred shares [1] Group 1: Company Overview - MSTR operates as a treasury company focused on Bitcoin (BTC) and is currently dealing with headwinds affecting its financial performance [1] Group 2: Market Dynamics - The equity market is characterized by daily price fluctuations that can lead to significant long-term wealth creation or destruction [1] - Pacifica Yield is targeting long-term wealth creation by investing in undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1]