DistroMike

[DistroMike @DistroMike]

@J_Davis132 i put a bag into a shit ton of puts. if this plays out like you say, lets be friends, ill buy you something lol

[DistroMike @DistroMike]

@GreenFuture24 thats not actually what happened. The bill was banning hemp, go ahead and make florida a rec state, but dont ban hemp in the process

[DistroMike @DistroMike]

@HenryLuMencken maybe you should smoke something... because you sound like a very angry little child. Who cares what grown adults want to consume, its not hurting you. Very immature and uneducated.

[DistroMike @DistroMike]

@JGriesler why do you care so much about what other grown adults do in their life?

[DistroMike @DistroMike]

@RiskyInvesting having the same problem, options pricing isnt updating, and wont let me close any positions. Bought puts before market just dumped and the mark price has stayed the same, and wont let me close anything..

[DistroMike @DistroMike]

@jpeggler Open the stocks app on your phone instead.. no candle sticks to look at, just lines..

[DistroMike @DistroMike]

@Delitdr @kiantrades IWM stands for Insider Wealth Multiplier aka Barron and trumps friends

[DistroMike @DistroMike]

@TheDankInformer regulation over prohibition, no one should have a say if legal adults want to consume hemp derived cannabinoids.

[DistroMike @DistroMike]

@TheDankInformer the far majority of hemp grown by farmers is allocated towards cannabinoid production. So farmers will in fact be heavily impacted if the ban goes through.

[DistroMike @DistroMike]

@JoshMandell6 What if:
1. Issue atm all the way until 1mnav
2. Lots of shorts
3. Bitcoin price goes up a lot
4. Saylor sells btc, or issue bonds
5. Buys a fuckton of Mstr at below 1x
6. Shorts have to cover, no more atm, stock goes to infinity
7. Wake up in bed and realize it’s prolly a dream

[DistroMike @DistroMike]

@wizardofsoho Brothers from another mother 😂

[DistroMike @DistroMike]

@dotkrueger If your entire business consists of just holding BTC, the mnav should be 1, as the btc being held is not generating any “income” other than than the value of said btc going up or down

[DistroMike @DistroMike]

@dotkrueger I believe the biggest part that people, including I, don’t quite understand. Is real estate generates cash flow, while btc generally does not.

So a company like MSTR needs to be able to create a way to generate yield from the btc they have.

[DistroMike @DistroMike]

@Mr_Derivatives Market pain is a Put buyers gain.

[DistroMike @DistroMike]

@Pledditor The basis of don’t fuck this up, not not to buy shit coins and nfts. It was to not use leverage, or get in a position to lose your coins.. while he is definitely heavily positioned in Alts, he also openly called them riskier.

[DistroMike @DistroMike]

@HodlMagoo Assuming there is paper bitcoin. Wouldn’t this cause a massive increase in price as everyone scrambles to get the real thing

[DistroMike @DistroMike]

@JoeConsorti @JoinHorizon_ @smeet_bhatt How do you guys make money? And how/when does a “margin call” happen

[DistroMike @DistroMike]

@matt_utxo The new inverse Cramer, but with much better returns

[DistroMike @DistroMike]

@AlmostHeavenWV_ @BitPaine He is worth billions, and GME has an actual business unlike Metaplanet or MSTR. Yoloing your cash stack on bitcoin when you have an actual profitable business is not the smartest move.