@RonSwanonson The only reason being underwater matters is because they have debt. If they didn't, they could be 99.9% underwater and it wouldn't matter. And btw, it's the holders of mstr who are f*cked, not mstr itself. They're just the administrators of the whole paper Bitcoin ponzi
@lucas67261771 It's no different from just holding 10k of btc. In both cases you're left with $6k- in first case it's 6k of btc , in second it's 6k of USD. In the second case, You can immediately buy back the btc that was liquidated. There is no difference
@crisreed MSTR, STRC and the rest of the ponzi will be 0 by the end of the year. Market loves clearing scams, and this one is pretty easy to clear, since the liquidation levels of the BTFD clowns are public, and you can just keep bankrupting them until you get to the final boss, Saylor