The STRC problem for MSTR

STRC is the preferred stock issued by MSTR, it is designed to sit at $100 per share; the way it does that is by increasing or decreasing the dividend monthly to promote buying/selling. It's already sitting at 11.5% dividend and at $92.xx per share, which will require a significant increase in dividend %.

Saylors recent small BTC sale was to pay this dividend, next month the dividend will have to rise to entice buyers back into it to tease it back up to $100 per share. That dividend of 12.5% or 13% becomes more difficult to pay and Saylor will need to dump more BTC to pay the dividend, as you can see this may cause a negative feedback loop, where the sale of BTC lowers price which inturn forces the continued sale of BTC, which ultimately will result in MSTR collapse.