The 11% Yield Strategy

During a recent episode of the All Things Markets podcast, Scaramucci and Galaxy Digital Inc. (NASDAQ:GLXY) CEO Mike Novogratz analyzed MSTR’s strategy of offering a yield-bearing security.

Scaramucci noted that investors putting money into Michael Saylor’s company, earlier known as MicroStrategy, can receive four quarterly dividend payments equivalent to roughly an 11.5% yield.

While emphasizing the attractiveness of the trade, Scaramucci made sure to clarify his firm’s exact position to listeners. “I’m a huge fan of his and obviously SkyBridge owns a lot of Bitcoin. We don’t own any of that security, but I just wanted to disclose that to people,”…

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