Orange Rating change: SATA BB− to B (our model, recorded at Monday’s close). Orange Rating change: SATS B+ to B− (our model, recorded at Monday’s close). FINRA published short interest as of Oct 15; the biggest change was SATA, +333.48% to 712,945 shares short.
bitcoin is at $79,730 as of 8:05 AM ET, down 0.1% from $79,805 at Monday’s 4 PM close.
MSTR closed at $139.82 (−4.24%), mNAV 1.15x from 1.18x; ASST closed at $26.32 (−9.15%), mNAV 1.45x from 1.58x. mNAV here is enterprise value (diluted market value plus debt and preferreds, minus cash) divided by the bitcoin held.
STRC closed at $99.17, under $100 for 164 days (113 straight closes). Current yields (annual dividend ÷ price): STRF 9.91%, STRC 12.10%, STRK 11.45%, STRD 14.38%, SATA 13.22%, and SATS 15.87%.
Coming up: The STRC rate decision, Friday, Oct 30.
Built from: Bitcoin price, Closes, mNAV (EV), Preferred closes, Current yields, STRC vs par, Orange Ratings, FINRA short interest, Calendar.
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