People think I’m constantly defending Saylor and Strategy.
What I’m actually doing is providing factual context to entirely incorrect takes.
I seek truth.
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Right now only 70% of crypto investors are at a HEAVY LOSS on their portfolio🤝
Keep in mind - We just had a full-blown bull market… and the majority are still down🤦♂️😔
Glad “some” won big though! 🥂🫡
We need 90%+ of HODLers completely REKT for the bottom to be in!📉🙏🫡
#BTC #XRP #ETH #XRPArmy
This just isn’t true and skips a pretty important step.
Even if $MSTR traded at or below NAV, Strategy still has a $21B equity ATM. Raising equity at a lower premium may be dilutive, but “dilutive” is not the same as “impossible.”
There’s a big difference between having fewer attractive financing options and having no financing options at all.
Vinny Lingham on exactly how the MSTR empire could crash step by step
"The moment MSTR trades at a discount he cannot raise more cash. He is locked out. He cannot sell MSTR. He cannot sell STRC. Then he starts running out of cash. Call it nine months, eight months, seven months"
"The market prices this in well in advance. The biggest buyer of Bitcoin is being removed. People selling Bitcoin are going to push the price down"
"There is a void that forms in the market. The person who has been providing liquidity for years is no longer providing it. The price of Bitcoin goes into a deeper bear market. And then he has to sell Bitcoin to pay the interest on the preferreds"
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
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