duncan

rosebud!;!;!;!;

[duncan @0xDuncan]

@rektmando https://t.co/l5wJFu96Pd

There is not a situation in which they can proceed without either (a) selling bitcoin, which would be death, or (b) continuing new issuances of some sort, either STRC or MSTR, which, to put it lightly, is a slippery slope

[duncan @0xDuncan]

@J33412279544 @comic @saylor The issue is this. Let’s say bitcoin ran to $1mm tomorrow. That literally does nothing for MSTR wrt cash flow. Sure they’ll trade at a very low mNAV and people would probably buy the stock due to increased asset value, but MSTR will always need new issuances for dividend payment

[duncan @0xDuncan]

@J33412279544 @comic @saylor The issue is this. Let’s say bitcoin ran to $1mm tomorrow. That literally does nothing for MSTR wrt cash flow. Sure they’ll trade at a very low mNAV and people would probably buy the stock due to increased asset value, but MSTR will always need new issuances for dividend payment

[duncan @0xDuncan]

@JoeVargas You might still be cooked if it makes you feel any better :)

[duncan @0xDuncan]

@JoeVargas Eh the chart shows “interest”. 100 just means that’s the most interest over that time period. So, assuming everything else was zero searches that could just mean you were searched once today