@phongle Phong Le have you considered selling otm call options against a portion of your bitcoin stack? The premium would fund your obligations and if you get called away is at least at a higher price. You would probably cause gamma squeezes on the strikes.
@JoshMandell6 Why don’t they sell otm call options on a portion of their bitcoin stack? Probably cause gamma squeezes on the strikes and at least if they have to sell they are selling when the price is higher.
@PeterSchiff There strategy was to acquire the most amount of bitcoin as possible by any means… which they have done, nobody is remotely close. They could sell enough bitcoin to eliminate every obligation and still have almost 500k bitcoin. It’s a wrap.
@cryptomanran@saylor Good we are supposed to transact with Bitcoin and actually use it… which means sometimes selling it or exchanging it for goods & services.
@ZeroHedge_ It would be very easy for him to allocate a portion of his stack to sell calls against for premium that could be used to pay the obligations. Or just sell some bitcoin to cover all the obligations and still have like 500k bitcoin.
@stoolpresidente Bitcoin is engineered to be the hardest money ever created—a monetary network secured by energy that solves humanity’s oldest financial problem: currency debasement. The challenge isn’t the technology. It’s that people must recognize what it is for, and most people don’t.
@KobeissiLetter Warsh gonna come in and cut rates watch… to fuel growth and AI innovation boom cycle. Bitcoin is going to short squeeze when they announce strategic reserve acquisition. Bond market pricing in a rate hike will completely flip flop.