@RunnerXBT@saylor The magic is the dividend rate will go down in the bula so they can technically afford to issue more aka flywheel. Only toxic in next bera
@shahh He has 2 years of interest payments in cash, and will keep selling ATM deep into discount to NAV. MSTR’s financial issues are a concern for the next cycle low, not this one.
@saylor You have to be a fool to hold this one, equity is trading at a 17% discount to btc, so for every dollar he buys your btc/share goes down. Wheres the magic now?