Michael Saylor just announced a $1.25 BILLION Bitcoin sale to fund their USD reserve and dividends payments.
buy high, sell low
>>62426376Never sell you bitcoin (at profit)
>>62426376Blody basturd saaar donut redeem the bitcoinz mardarchod or i send a group your mater!
>>62426376Isn't this a fucking ponzi lmao
Bears were right about Saylor being the one that would kill bitshit. See you guys at sub $10k.
>>62426376
>>62426376>announces hes gonna sell>mstr is still up
>>62426376ummmm actually this is bullish coz it means he has less btc to dump on us in future :)
>>62426376Oh no a billion dollars!Lmao that's nothing for Bitcoin
>>62426376>I haz established the Saylor Inc. $BTC Refinanzation Program>I Buyz @ $120k and Refinanzes @ $59k
>>62426494Yeah he probably will be their next fall guy. Buckle up while alt season is killing it.
lol
>>62426376he got to scam retail TWICE in 25 yearswhat an absolute madlad
>>62426376wait, didn't he say multiple times he was going to diamond hand that btc?
>>62426574He cannot resist the temotation of selling low after buying all the picotops every week.
>>62426510kek
>>62426376>strategy collapsing>Mica implemented soonBrace yourselves, the next luna event will happen soon
> tick tockalmost there boys
>>62426570BTC could go to zero and he'd still walk away a billionaire with all his private wealth from these scams. It's kind of amusing actually.
bitcoin will heal when mstr files for bankruptcy
>>62426791It won't. He'll refinance.
>>62426779Yup.
>>62426779>>62426819i'm genuinely curious to see what this faggot has in his own personal portfolio. its probably a combo of bonds and treasury ETFs, conservative index funds and less than 1% in total crypto kek
>>62426754I’m 90% USDC ready to slurp
>>62426807Surely they will throw him in jail still time, no?
>>62426807Refinance where?
>>62426826Pretty sure his personal stack of bitcoin is close to 20k coins...
>>62426843kek
I feel so deeply embarrassed that I almost fomo'd into Strategy just like I almost did with NFTs. Yikes dawg.
>>62426376Correction: He’s actually going to sell $3.25B worth of Bitcoin.
>>62426376announces selling, >buys more than he sold when the price falls becuase he announced it.barely recovers.>repeats and ends up DCAing his position down significantly.NOT A SECURITY. (therefor not market manipulation) this is not illegal and is a legit strategy. if it was equities he would be in jail for a long fucking time.
>>62427040
this is a good thing, it means bitcoin MOONING soon trust the plan!
>>62427047lol, i will find you and sqeeze your balls in my hand when he tweets he just slurped up another massive amount and sticks bitcoin back above 60k.
>>62426376This board used to have thoughtful discussion. Now you just post what Michael Saylor did today. And??
>>62427095>This board used to have thoughtful discussionFalse memory.
>>62426376>BTC not down>MSTR not downThis market is a fucking joke lol
>>62427107BTC dumped $2k when it was announced. Now it's being held up by the S&P500 pump.
>>62427107yeah, he wants low prices and people werent dumb enough to fall for it this time. its just saylor trying to trick people for cheaper sats. he got too cocky.
Why not just refinance the debt?
>>62426376So dividends is ultimately just an illusion of passive income, it just requires the company to sell to fund the payments of the holders. It is just selling in disguise, may as well have no dividend and just have your asset appreciate in value more and sell when you feel like it
>>62426588/our guy/
>>62427403the imagined value prop relies on bitcoin pumping forever while the dollar depreciates
>>62426807how do you refinance a loan to buy btc? this isnt a mortgage anon
>>62426935He's a lying bastard. He's selling BTC to save the STRC (Stretch) Ponzi. Its been collapsing. The idea (scam) they sell stretch boomers on, if you see the ads. Is that its like a money market fund, only with 11% dividend! Except it collapsed 25% in a month. And what's the point in 11% per year dividends if your principle is falling 25% per month! Its classic Ponzi stuff. In fact if you read the prospectus, unlike the ads they state its a high risk asset and you may loose your entire original stake.So people were lawyering up rightly. Because the ads were clear mis-selling to dopey greedy boomers. I'm amazed SEC hasn't done anything already. This is the real reason he's selling. To stop the bleeding in the Ponzi.
>>62427491One more thing. Remember all STRC is DEBT. Used to buy Bitcoin in the hope it will have a real rate of return above ELEVEN FUCKING PERCENT.
>>62426376Didn't he buy (higher) a couple of weeks ago.Fuck it may be time to buy
this guy could not imagine that a bear market was coming?
>>62427491>I'm amazed SEC hasn't done anything alreadyyeah, you can pull whatever 3card monte you like with BTC and no-one will bat an eyelid. Start bundling this shit into SEC jurisdiction boomer bait tho and its gonna fuck you good, sooner or later.
>>62426376>Strategy will now swing trade instead of just buying the topBUY BUY BUY
>>62427107Bad news no dump means we bottomed
>>62427491damn i knew i should have bought calls when it was in the low 70s
>>62426376I noticed this had absolutely no impact on the price of btc. Why is that.
>>62426376No. He announced a program. MSTR is sitting on 2.2BThe correct way to understand this is, because MSTR is a public company from time to time the executive must make material statements about the disposition of assets and profess to a predisposition to pay stakeholders in it's business, no matter what, as is the case in bankruptcy. If the public commentary suggests imminent bankruptcy, then the company is customarily, in the NORMAL course of business, expected to clarify the ACTUAL company's position as such time, through the marketing department.
>>62428139Whales bought hard to counter.
>>62428139because no one gives a shit about things that will never happen
>>62427403Well if you actually have a real company with cashflow the dividends come from there. A good company with solid dividends can still be undervalued as far as its share price due simply to the proclivities of the market.MSTR is literally a pyramid scheme, it has no way of generating net cash other than getting bigger fools to buy in at higher prices.
>>62426376capitulation
>>62427491It's an instrument. When risk capital decides the premium is worth it, they'll repeg the derivative. The fact is, capital is being sucked out all fixed income categories. Plenty of companies are offering double digit dividends, while capital is investing in CAGR instead. You have to understand, I conceptualize the market like a toilet bowl. You only want to buy something that floats, because everything else drowns. For me, it's preferred A shares and bitcoin. STRC and derivatives holders won't see a dime if bankruptcy happens. Price is not Ponzi, it's risk premium. Get your head out of your ass.The company could, in the event of adverse market conditions, simply reduce or stop paying dividends altogether. Cheap A shares of MSTR will fall into the hands of strong holders. Pegs will repeg. Bitcoin will go up. dividends will resume. Michael will refinance. And then take out another huge loan. And then resume buying bitcoin.The flywheel of wealth is like a carousel, you just need to time when to get on, but it doesn't guarantee you won't bang your knee on something climbing on. You have to look for an opening. For me the magic price is $69 as always, but $96 should send it to $108
>>62426807The whole point of the STRC is he can’t refinance. And can’t issue more shares. He’s having to pay 11% dividend because no bank will touch it.
>>62427427Yes. His debts are in dollars. Dollar strengthening buttcoin weakening. If that keeps up. The selling has to accelerate. This plan doesn’t even cover them for a year. And the selling could accelerate in buttcoin terms if the direction doesn’t reverse.
>>62428295Saylor should get into slap-boxing for cash after the crash
