Saylor: "The optionality of selling BTC strengthens $STRC"
Reality: $STRC -0.7% today
Saylor’s narratives and financial reality may have the biggest inverse correlation I’ve seen in modern financial history.
First it was we will never sell, then it was there is no second best, then it was never dilute below 2.5x mNAV, then it was never dilute below 1x mNAV, then it’s STRC will send Bitcoin to $1M, then it's the "42/42" plan will scale us to 1 million BTC without pressure, then it’s buy more than you sell, then it's there is no second best unless it’s DeFi protocols and stablecoins that back STRC, then it’s halting weekly purchases entirely due to dividend coverage stress, then it’s selling BTC is good for STRC.
What’s next in his compulsive lying scheme to attract dumb retail money for his corporate gain? The material for the inevitable class action against him will be plenty.
People are overthinking the 32 BTC sale.
“Why sell?”
“Why not just buy less next week?”
“Is this bearish?”
Michael @saylor already explained the logic:
• If Bitcoin can’t be sold, critics say it has no value.
• If it has no value, the balance sheet value is zero.
• If the balance sheet value is zero, credit rating agencies ignore it.
• So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real.
@TTCSteve Maybe SpaceX IPO is going to be a turning point. Money grab on the top of hype by the ultra rich.
SpaxeX, Anrthopic, OpenAI. Most insiders make their money with the IPO
Entwicklungshilfe - Nicht weniger als eines der derzeit größten moralischen Verbrechen an der deutschen Bevölkerung.
Wer da nicht rangeht, will das Land auch nicht ernsthaft sanieren.
Britain would be an actually communist country if only women voted. We would not even have the pretence of a border. Take a minute to think about that.