>>61309721If MSTR goes below $180 OR BTC goes below 80k then they enter a death spiral where Saylor would have to keep diluting the stock OR selling btc just to stay afloatWhichever path he chooses will have a knock-on effect on the other and kill btc sentiment. If/when it happens I’m honestly expecting a drop below 30k btc and MSTR to go to 0
>>61309721Saylor is doing all he can to destroy Btc. Now is offering a 10% dividend on their Strc stock (pegged to 100 dollars) based on the 'we are totally sure' that Btc will increase in price every year over that amount.Insane. If it was something with less volatility maybe, but Jesus Christ talk about painting a target in your ass...
>>61309734incorrect, btc could trade at $100 today and he wouldn't be a forced seller
>>61309901Just bought 100k STRC
>>61309721to zero. this will be the FTX moment of the bear market bottom this cycle
>>61310312What if they don't collapse? Saylor is going to buy up to 10% of the BTC supply and become the next tech genius.
>>61310288Enjoy your 83 bucks a month until people stop buying it and you lose it all.
>>61310338hold the bag then. the chart is amazing too btw
>>61310374They have negative mnav it's worth buying.
>>61310397if you don't understand the yield then you are the yield
>>61309734Bruh. Dude has more borrowing potential than over 80% of the S&P 500. Even more if BTC falls to $100. His track record of never using debt for leverage or selling, only to DCA BTC is as constant as the speed of fucking light
>>61310414Strategy has more BTC than coinbase and you're acting like they're going to rug
>>61310417I cant wait for the bottom of the bear market.
>>61310265literally couldnt be more wrong
Michael Saylor was charged for fraud in the past, but hes not going to do it again
>>61310417>his track record of never using debt for leverageIsn’t issuing debt, the MSTR convertible notes, to buy a financial asset the very definition of leverage.
>>61310479The bears have closed the short.mNAV is under 1x locked and loaded.Strategy is about to boom.
>>61310564when the mNAV is all paper gains anything can happen
>>61310495MSTR can fall below $100 and Saylor still won't get margin called. Dude is mathematically locked in because not only does he sit on the most MSTR shares, he has not nor will ever sell. And all his loans go directly into purchasing more BTC. It's a foolproof, infinite loop of borrowing and gaining lol
>>61310609>It's a foolproof, infinite loop of borrowing and gaining lolUntil the price of the magic internet money goes down
>>61310630>goes downNah. Why rug the world when you own that bitch?
>>61310609So now you’re backing up the goalposts, he does leverage financial assets, just to a degree of risk you find okay lol.
>>61310609If Saylornomics worked then it would be a good idea for you to max out your ccs and take every loan you possibly can in order to buy as much bitcoin as possibleWhy aren’t you doing this?
>>61310685I am doing this.
>>61310685You can't beat the cyberhornets. Scenario 1. BTC up saylor winsScenario 2. BTC down you use STRC funds to purchase cheap BTC and saylor wins
>>61310479Btc was under 80k a few years ago and mstr was fine you stupid nigger. Last time I checked he'd only be real trouble if bitcoin went under 30k
>>61310685I would if I could take a meagre MSTR annual $875,000 pay package when MSTR makes on average $450-$500 million a year. Saylor is a self-made man no matter how jealous haters try to get it twisted lol
>>61310433Sir, coinbase makes money because people use their servicesBitcoin is just a digital number lmaoIt doesn't matter how many you haveIf people stop paying this retard, which they should, he's dead>>61310918Fucking hell It was under 80k 'a few years ago'So it shouldnt be a problem today?You mean after spending 12 months topblasting $120k to no avail it shouldnt be a problem?Just like a few years ago? He was topblasting $125k a few years ago too?Yeah I guess it should not matter.
It made sense like 5 years ago. During the 2021 bull run btc miners went parabolic because it was the only way to get BTC exposure on the traditional stock market. Now there’s a billion ETF’s and a whole world of financial products that don’t require trusting washed up salesman with a listed company to middleman the exposure for you.
>>61311466Creating and managing bitcoin finance products is almost all they do. All day, every day. And you think you can outsmart them? You better believe they know how to avoid getting liquidated of bitcoin drops, just as they already did in the bear market of 2022.Most (not all) STR products are safe from a Strategy perspective because they pay dividends voluntarily. They can always dilute at least the main stock to cough up money for dividends.The pre-STR convertible notes pay little to no interest and have maturity dates that are still years away.Gemini claims (which I didn't fact-check, but sounds like it might be close) in pic related that the maturity dates are spaced out into the next decade and designed like a fortress.One per year.When one is due, they can try rolling refinancing to push it into the future.If that fails, they can dilute their stock.If that's not an option for some reason, they can sell some bitcoin once per year and be done with it. This is not a huge amount and does not require constant recurring sells. It might spook the market for a few days before it forgets.
>>61311770I understand the 0% coupon but still, 0% is so fucking wacky lol
>>61311821They were opportunistic when there was large demand. In some cases government bonds also yield zero or negative interest rates when investors use them as an instrument to park money.A big part of the Strategy narrative has been that these instruments can be bought by corporate bond investors who may not be blocked from buying shares or ETFs by their own rules or regulations. They can then buy Strategy instruments to gain exposure to higher upside if bitcoin does well and the notes can be converted to stock at a good price. There were a few noteworthy cases of big insurances and banks buying these.
Fake and gay. Bear market is only for salaries and corporate expenses, Bull market for Stock market and millionaires.
>>61309721$1
>>61311770It all hinges on bitcoin going up forever and the only ppl interested in bitcoin are a secluded cohort aged 30-50 who experienced the libertarian internet of the 90s. Oh well... I wish holders good luck and hope it works out. This kind of shit tends to ends in a shitshow