@AutismCapital $BTC price isn't dictated by one market actor. It's a free market with over $30 billion daily liquidity.
Bitcoin doesn't need @Strategy. Strategy needs bitcoin, and is committed to being a net buyer over the long term.
@Strategy Well done. You did everything we asked for, and more.
Amazing to see @saylor@phongle proving they can remain humble and take into account shareholder feedback.
@BMNRTracker It's because they have no dept. At worse they are like an ETF, at best they are ETH / share accreting stacking cashflow machines. $MSTR at previous bear market at some point it's stack was worth less than their dept.
I am sure $STRC will go back to par soon. For @Strategy it's par is their highest priority so they will do everything they can.
it doesn't really take much. 3-4 years of USD dividend reserve, BTC slightly up and it's there. @saylor needs to convince people that the 3-4 year USD reserve won't be touched. I hope it's apparent that investors don't hold the BTC reserve in high regard.
Illogical as this may sound, investors aren't satisfied with the "fortress" BTC reserve because selling BTC below purchase price de-pars the pref stock from $100. It freaks investors out.
They can sell $BTC above their purchase price, no one will react to that.
https://t.co/9E3eaIO9u5
@bitcoinbutcher1@saylor You need a bankruptcy for a bailout. Ever thought of that? Try to do some napkin math and enlighten us exactly how will $MSTR go under.
It would help a lot if they raised USD funds to cover STRC dividends for at least 2 years. I am not sure how though. Pointless to redo the convertible dept they cancelled, can't issue MSTR so low, can't issue STRC so low. Selling 1 Bn of BTC sounds like the only way and it may freak everyone out.