Phong Le — President & CEO, MicroStrategy (1 trade idea)

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Date Ticker Direction Thesis Source
Feb 05, 2026 LONG MSTR has launched "Stretch" (STRC), a digital credit instrument paying ~11.25% yield, trading near par ($100) with significantly lower volatility (7%) than Bitcoin (45%). This product targets fixed-income investors and retirees who want exposure to the "Digital Capital" ecosystem without the volatility of the asset itself. It effectively acts as the "risk-free rate" of the Bitcoin economy. LONG. A yield-bearing instrument backed by massive BTC collateral and a cash reserve. Corporate default if Bitcoin goes to effectively zero ($8k mentioned as the break-even point for net debt). Thread Guy
Bitcoin is 63K!? Crypto is FINISHED? - Market...