@Vivek4real_ Bitcoin drops 70% but the common would lose 100% while senior prefs stay largely whole.
Congratulations you’ve learned how leverage works!
@ScottC20012@rockraider3@theSOURCE406 BZN is an airport not a place. And Gallatin County is not nearly as liberal as Missoula.
Tranel only beat Zinke by 6.
And Forstag is a worse fit here than Tranel.
@ZynxBTC + $44 billion increase in market cap while taking a $9 billion loss on the DAT strategy
If you think real hard you’ll figure out where the $53 billion came from and why it’s a specious comparisonto other S&P stocks
@BigpictureBTC@Quantumjumper12@CaitlinLong_ A zombie slow destruction of equity capital would be the end game if bitcoin stagnates to that extent. But not a forced big bang liquidation or bailout
@Quantumjumper12@CaitlinLong_@BigpictureBTC There is no forcing function for bankruptcy other than repayment of the next convert due or inability to make payroll. Bitcoin would have to be close zero for this to be the case. And the board has a fiduciary duty to sell BTC at orderly market long before a fire sale liquidation
@RyansMethod The other stocks increased in value.
MSTR lost $10 billion on BTC buys and the entire share price increase is losses transferred from dupes who bought at $200+ to prior holders.
@phongle 😂 ATMs have existed since the early 80s, popularized by the oh so innovative regulated utilities industry. And preferreds financed the intercontinental railroad almost 2 centuries ago.
Focus on shareholder value not your BS AI marketing scams and made up vanity metrics.
@HalaCaraXXes_@notgaetti Smith .666 career OPS / 87 OPS+
Vizquel .688 / 82. Barely more productive on an absolute basis even though he played in the inflated WAR era with SS a heavier hitting position: Jeter, Arod, Garciaparra, Ripken etc