But if I am not getting dividends, how will I make returns? Let's say LEO price reaches 1$ , what will I get in return by holding LSTR?
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But if I am not getting dividends, how will I make returns? Let's say LEO price reaches 1$ , what will I get in return by holding LSTR?
Same way people buying MSTR several years ago have earned money.
How does stock without dividend make people money? :)
I recommend you to look at what MSTR does and apply it on @leostrategy. Their vehicle is $LEO instead of $BTC
I kinda understood what you are telling but still figuring out how it is beneficial to me. Basically we are investing in the underlying asset which is LEO but do you think after the initial sale, LSTR will be more than 1$?
I know that the underlying assets will be worth more than what I paid for 1 $LSTR atm.
@leostrategy holds atm 500,454.891 $LEO valued ~33K. This will be staked and the earnings will be used to buy more $LEO. Which means your $LEO holdings per LSTR will go up.