@GaryCardone I had a thought - the retail capitulation will occur (is occurring) in $STRC, not necessarily in Bitcoin itself. Could this be the “puking blood” event you were waiting for? I’m not trolling - I hold STRC too.
@dotkrueger While humans process emotions every waking hour, Strategy has to make dividend payments once a month (twice a month starting in July). Fear is a powerful emotion and clearly driving STRC price right now, but greed will soon take over, especially when dividends keep getting paid.
@A5T3R0lD@comic@dotkrueger The problem is the level of certainty with which you speak. Could it go to zero? Sure. Will it? Maybe. Has Strategy exhausted all options available to them to help it succeed? Not even close. Have YOU even considered all the options available to Strategy to help it succeed? 😂
@A5T3R0lD@dotkrueger Ugh. I wish you could hear yourself. Every comment on spaces dripping with emotion. No basis in facts or math… just feelings. It’s disgusting.
@AdamBLiv I agree - a believable Bitcoin rally fixes this. But as we languish here at $60-70K, is a raise to 12% enough? Josh Mandel thinks the market wants 12.5%. Or do they just wait it out for now? So interesting to watch the mechanics play out.
@GaryCardone@dmweisberger@scottmelker@mikemcglone11 Sounds like you’re starting to understand why people called you and your brother tone deaf a few months back when you were declaring that anyone should be able to be successful with today’s technology, and blaming laziness of millennials/gen Z.
@Sl_acker MSTR trades $2bil per day. They have to issue 0.15% of the daily traded volume at the ATM to cover the monthly STRC dividend. It doesn’t scale forever, but they’re not at some massive liquidation risk any time soon.
@Sl_acker This entire conversation only becomes relevant in a liquidation scenario. Otherwise stock price, mNAV, etc is all based on sentiment and will fluctuate accordingly. Everyone just needs to calm down.