Worth looking at how they’re paying for this.

Worth looking at how they’re paying for this.

$SATA is preferred stock at 13%. Roughly $135M a year in dividends to keep the bitcoin buying going.

Meanwhile 26.6M $ASST warrants struck at $27 expire Oct 10. The stock closed at $30.11, in the money for the first time.

That’s $718M at zero cost of capital sitting three weeks out.

The weekly buys are the small story.