The recent dilution of $MSTR is about to slow down substantially. Management has now achieved its target of 2 to 3 years of dividend coverage for its USD reserves. I predict one more dedicated week to building its cash reserves. Future dilution will likely be minimal, limited to financing monthly interest and dividend expenses. All that remains is bringing $STRC back to par, which is already making phenomenal progress ($95+) and has required minimal, almost negligible, buybacks to this point. The chart below captures the scope of all the BTC per share dilution until now. Through all the fire and fury on this app, BTC per share is in the same spot as Dec 1 - when the USD reserve was first established. In return, Strategy has vastly improved the credit quality of STRC, which will be the long-term engine funding unprecedented BTC purchases in the future. Bullish.