Dxm

Professional Trader on Crypto, Fx and macro

[Dxm @Patrickyeo168]

@dgt10011 Hi @dgt10011 that is not crypto...that is digital assets

[Dxm @Patrickyeo168]

@CJ_Bitcoin @Strategy @saylor @CJ_Bitcoin u all should hire a trader as an independent advisor then. Im open to that

[Dxm @Patrickyeo168]

@hodlerforlife why still raise rates to 12%? might as well buy back STRC at discount and give confidence to market? Raising rates is like kicking the can down the road and become more ponzi

[Dxm @Patrickyeo168]

@saylor time to stop buying btc. Buying btc will not help sentiment for mstr, instead it will create more negative sentiment. I think the only right thing to do now is to dilute 1 more time of common shares and use the proceeds to buy back strc. In this way u are giving confidence to the market and also delevergaing

[Dxm @Patrickyeo168]

@saylor @Strategy @saylor i think the next move is to reduce the dividend payout from 11.5% to 9% and extend the dividend coverage. This will give market the confidence that Strategy is here for the long term to pay dividend. 9% is still 4.5% better off than US treasury. STRC will goes back to par

[Dxm @Patrickyeo168]

@YanLiberman if he really sell 2bio of BTC and cushion his dividend coverage and afterwards issuer STRC and then buy BTC, isnt that the same? the dividend coverage will get depleted again.

[Dxm @Patrickyeo168]

@YanLiberman The more weird thing is he bought so much Bitcoin leading to 15 may with a higher cost basis and sell 32 btc 2 weeks later at lower rate.
@saylor
maybe you can hire me as advisor. :p

[Dxm @Patrickyeo168]

@Crypto_McKenna then might as well issue shares since mNAV still at 1.23. Better solution than selling BTC

[Dxm @Patrickyeo168]

@saylor Should buy 64btc to cancel the negative sentiment and issue new shares to extend your dividend coverage

[Dxm @Patrickyeo168]

@SoulzBTC Trading

[Dxm @Patrickyeo168]

@ASvanevik Ethereum probably is building great product but at the same time cant monetise. In the end money still talk

[Dxm @Patrickyeo168]

@ercwl why do they want to swap eth into btc? for fear of eth forking? and they lost all the funds?

[Dxm @Patrickyeo168]

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[Dxm @Patrickyeo168]

@burman_chetan @matthew_sigel I will give u the presentation. Dm me

[Dxm @Patrickyeo168]

@ASvanevik @base @BNBCHAIN @inkonchain I disagree

[Dxm @Patrickyeo168]

@biancoresearch @StanphylCap Lol

[Dxm @Patrickyeo168]

BR has been aggressively promoting crypto recently

[Eric Balchunas @EricBalchunas]

Here's full Larry Fink quote on bitcoin/digital assets from the Q3 earnings call, he says bitcoin asset class in itself, they talking with institutions worldwide about allocation, dig assets remind him of the early days of the mortgage market (now $11T) and POTUS won't make dif

[Dxm @Patrickyeo168]

@ASvanevik should try again...good things worth waiting

[Dxm @Patrickyeo168]

JUDGE APPROVES FTX BANKRUPTCY PLAN TO REPAY CUSTOMERS WITH $16B IN RECOVERED ASSETS

[Dxm @Patrickyeo168]

Nicely done

[Dxm @Patrickyeo168]

The market was anticipating "Uptober," given that average returns over the past five years have been 20%. However, instead of an upward trend, we saw BTC drop from 64k to 60k, repeatedly testing the 60k support level. The challenging start to the month was largely driven by the escalation of tensions between Israel and Iran, after Iran launched a barrage of missiles toward Israel.