Ed

Volatility will continue until morale improves. Generating premiums on $MSTR as a hobby to fund more exposure to BTC.

[Ed @OneM1L]

There’s always money in the banana stand…

[Carl ₿ MENGER ⚡️🇸🇻 @CarlBMenger]

Don’t worry, there is an infinite amount of dollars. GM

[Ed @OneM1L]

@devahaz It’s the most volatile asset around. Did you think there’d never be a moment where they were underwater?

[Ed @OneM1L]

@WellsJorda89710 Bro - it doesn’t matter. If one Democrat advances, he’ll get all dem votes in Nov. Hilton can’t win 50%+ of the votes from the top losing Dem.

[Ed @OneM1L]

@PiusSprenger You really believe this is the result of selling 32 BTC?

Not the 20% BTC drop in weeks?

[Ed @OneM1L]

@mattvanswol Literally improbable, Matt.

But these are also the most secure elections humanity has ever seen.

So…there’s that….

[Ed @OneM1L]

@MJTruthUltra Tisk tisk.

It’s improbable.

But also the most secure elections in humanity.

So…

[Ed @OneM1L]

@EricLDaugh I guess this means Becerra will be the new governor.

[Ed @OneM1L]

@Cryptotea There are probably some here that are waiting for a peak so they could even afford them.

[Ed @OneM1L]

@Monkeys_nuts85 @ademsayoub @saylor I was addressing the claim that selling 32 BTC crashed BTC.
What are you talking about?

[Ed @OneM1L]

@Monkeys_nuts85 @ademsayoub @saylor Appreciate the insightful commentary, MonkeyNuts

[Ed @OneM1L]

@SOLx299792458 @JoshMandell6 The market is saying it wants 12%.

[Ed @OneM1L]

@GlennOnrampBTC Couldn’t they also buy STRC shares (retire them)?

[Ed @OneM1L]

@saylor Buy back some STRC at these prices. Protect the peg.

[Ed @OneM1L]

@ademsayoub @saylor Maybe it’s all the super wealthy people prepping cash for the SpaceX and Anthropic IPOs?

Just maybe…

[Ed @OneM1L]

@AdamBLiv $95 calls 6/18 selling for $3.70 right now.
Free 4%

[Ed @OneM1L]

@TedPillows People needed access to their savings.

[Ed @OneM1L]

@leadprayhodl @JoshMandell6 $95 and counting

[Ed @OneM1L]

@GeoffStrebel @saylordocs Nah. Just ultra-high net worth people moving money into SpaceX and Anthropic IPO sales.

[Ed @OneM1L]

@saylordocs People with a lot of money want liquidity for the SpaceX and Anthropic IPOs.

[Ed @OneM1L]

@itsrosesm Absolutely not!

I think they should instead put in a new military-grade bunker and then above it maybe something to host state dinners and events.

[Ed @OneM1L]

All of the values around MSTR are fungible and have different sentiment at any given time.

Makes sense that the smartest strategy would be to move the ratios around to optimize against the sentiment differentials.

If BTC wins, eventually all of the sentiment across the preferreds, MSTR, and BTC will coalesce and the volatility will evaporate.

#2045