Michael Saylor’s 11% Yield Thesis

What is the volatility of every single equity in the S&P 500. Between two and a half and 100. So, STRC became the least volatile [music] security in the entire S&P 500 universe.And now, where'd the excess volatility go. It went to MSTR. It went to our common equity.So, what we did was we transfer we transfer all of the energy and the volatility to the common equity and we strip [music] it off of the preferred equity in order to meet the needs of two different classes of investors, [music] right. The The cre ...