Michael Saylor: If Bitcoin Were to Fall 80%, We'll Still Be FineStrategy Executive Chairman Michael Saylor stated in an interview with CNBC on November 14 that he is not concerned about further declines in BTC, saying the company “can withstand an 80%–90% drawdown and keep operating.”Adopting a strategy similar to that of an intelligent bank, the company amplifies returns for common stock through preferred equity. This type of preferred equity has no maturity date, with dividends declared by the board of di ...

Core Points - NewtekOne, Inc. successfully closed an offering of 2,000,000 depositary shares representing a 1/40th interest in its 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, generating approximately $48.357 million in net proceeds [1][2] - The Series B Preferred Stock will pay a non-cumulative 8.500% annual cash dividend, payable quarterly starting October 1, 2025, and will reset based on the five-year US treasury rate after October 1, 2030 [1][3] - The company has applied to list the depositary shares on the Nasdaq Global Market under the ticker symbol "NEWTP" [2] Financial Impact - The issuance of the new depositary shares increases the company's tier one capital ratio from 16.1% to 19.2% and tier one capital by 19% from $256 million to $305 million [3] - The net proceeds from the offering will be used for investments, debt repayment, and general corporate purposes [2] Company Overview - NewtekOne is a financial holding company providing a wide range of business and financial solutions to independent business owners across all 50 states [4][5] - Its services include banking, business lending, electronic payment processing, insurance solutions, and technology solutions [5]

RT Chaitanya Jain (@_ChaitanyaJ)My Bitcoin Treasury & $MSTR Playbook discussion with @IIICapital.0:00 - Intro0:31 - Harvard to Strategy: CJ’s bitcoin treasury role2:24 - The most important KPI for bitcoin treasury companies5:14 - Why outperforming bitcoin is the ultimate benchmark6:59 - Short-term price dislocations vs long-term performance9:24 - Saylor’s forever time horizon11:00 - Why volatility and volume matter for capital markets strategy13:08 - The ideal bitcoin strategy for emerging treasury companie ...

Strategy increased the size of its latest sale of preferred equity to $2 billion from $500 million, according to a person familiar with the matter https://t.co/xkPxFSRYy3 ...