OG Bitcoin holders are getting contacted by large OTC desks & being offering a PREMIUM to spot price 👀
The ETFs get orders all day long & buy BTC near the end of the day.
The OTC desks must have done the math & realized there might not be enough BTC for sale this afternoon.
I have a retirement account with Vanguard.
I called them and they said they will NOT be offering ANY of the Bitcoin ETFs.
I’m working on transferring assets out of there and then I will close my Vanguard account.
Terrible business decision by Vanguard.
#Bitcoin
Hi @elonmusk
Can you confirm that the SEC account was hacked as they are claiming?
They told you transparency with the market was vital and took you to court - surely it applies to them too.
@thepowerfulHRV Short term is scary. $MSTR premium will naturally fall, and the $GBTC discount rise with the rumours of the spot EFT going live on Thursday. $MSTR premium is estimated to be at 25% and $GBTC 5% discount. $MSTR could turn discount short/medium term. I moved over to $GBTC today.
@amitisinvesting Very simple actually… $MSTR premium will naturally fall, and the $GBTC discount rise with the rumours of the spot EFT going live on Thursday. $MSTR premium is estimated to be at 25% and $GBTC 5% discount. Asymmetrical trade if you are long BTC in tax sheltered accounts.
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15
MicroStrategy’s Bitcoin Debt/Dilution Explained
It’s actually really simple! When @microstrategy stock is overvalued, $MSTR create additional shares to purchase more #Bitcoin. When the stock price is undervalued, they use debt at zero, or near zero rates to buy #Bitcoin. 1/15