pull down to refresh
Or do both
Or bitcoin!
I didn't say it is going to blow up. I am simply pointing out he is at the mercy of the market right now. He might not need to do anything. Bitcoin might rally 20% next week. STRC will got back to par and MSTR will rally 25%. That's a potential outcome.
He probably shouldn't do anything. Let STRC find a bottom, people who want to sell can. But it is a real blow to his thesis if this thing trades massively under par for longer than a couple week.
But we are all at the mercy of the market.
Hardly a blow to his thesis. If you listen to his keynotes he makes it clear STRC is dead in the water if bitcoin doesn’t grow.
This bear market got investors shook.
Yes but the drawdown is STRC is more about rotation into SATA and the fact he reduced runway for the dividends from 18 months to 6 than it is about the bear market. He didn’t need to do that. Hence my chess analogy. He gave the market more leverage to have him at its mercy.
I don’t think so. Saylor is jigging for the credit rating agencies. He’s got a B- rating which is an absolute joke.
Retail was never the big fish. It was always to go after the massive credit/treasury market.
Same with SATA.
Sure he took an early gamble and it appears to look foolish but the dividends are still secured. Even if he has to dump bitcoin he can still pay the dividend.
The balance sheet is way too strong and he can always sell stock (which is why the stock market exists in the first place) to raise capital. The big fear is MSTR holders dump but the equity will fall below the balance sheet of the company.
The market did the same exact thing to Robinhood almost 3 years ago and now Robinhood has crushed bitcoin’s fiat performance due to this terrible mispricing.
Steady lads everything is going just fine. It’s a bear market so everything looks like it’s going to blow up at these bitcoin price levels.
I find it so funny everyone piling on Saylor while every last bitcoiner is down what over 50% from last July!
STRC drops 15-20% and now Saylor is in a rock and a hard place? Hahah I find these takes so laughable.
The liquidity is getting funneled into AI and other trades.
If Bitcoin is truly better money then all of this short term stuff won’t matter at all.