Robert Nolte

[Robert Nolte @robnolte]

@Hanakookie1 @GaryCardone What?! This doesn't save MSTR any money. Shorts have to pay the div but not in lieu of MSTR paying the full amount.

[Robert Nolte @robnolte]

"You trolls just don't understand math.

There are only 21 million bitcoin. The supply cannot grow.

So STRC was created to borrow against it at 11.5%, and if it drops 90% we simply issue more shares, raise more capital, and roll the debt forward, the way we always do.

There is effectively no limit to how much new money MSTR can print to buy the thing that is valuable precisely because you cannot print more of it.

And if the buyers ever dry up, I will buy all of it myself.
It's literally that simple."

- Michael Saylor (probably)

[Robert Nolte @robnolte]

@Ricky2Node Too soon?

[Robert Nolte @robnolte]

If you put $10,000 into $STRC in January, here’s your slice of the future of finance.

Five monthly dividends later you’ve collected about $475, and the shares you bought near par closed today at $94.65. So after five months of owning an instrument advertising 11.5%, your ten grand is now worth roughly $9,940.

You’ve lost money had you bought at par any time this year. Welcome to high yield, Saylor edition. $MSTR

[Robert Nolte @robnolte]

@kleppe_kristian @BitcoinPierre I hope so, but I’m like 5 scrolls down the comments and think it’s real

[Robert Nolte @robnolte]

@benhawk622431 @BTCBreadMan One of them is @saylor !

[Robert Nolte @robnolte]

@comic @hillery_dan Those are legends in the bad capital management hall of fame

[Robert Nolte @robnolte]

@thepowerfulHRV You don't understand how debt or pref stock work, do you?

[Robert Nolte @robnolte]

MSTR has been offering a “safe” savings account that pays 3 times more than any other savings account and he says it’s not super safe.

It’s not safe and now looks like it will stop paying out within next 6-12 months. When people recognized that they stopped putting more money in his savings account.

MSTR used that money to buy BTC. BTC is very risky and was being heavily funded through what seemed like a non-risky asset and that ended.

A fake demand supported the price and is now gone.

[Robert Nolte @robnolte]

@thepowerfulHRV What do you think it will trade at when the suspend the dividend?

[Robert Nolte @robnolte]

@GrassFedBTC @TheBTCTherapist BPS is now meaningless when you have debt and preferred in front of it.

[Robert Nolte @robnolte]

@thepowerfulHRV The source of truth!!! Dear Lord save us

[Robert Nolte @robnolte]

@thepowerfulHRV Take the over!

[Robert Nolte @robnolte]

@saylordocs The lower it goes the higher his target. Literally lose any credibility he had

[Robert Nolte @robnolte]

@thepowerfulHRV It’s absolutely wild to me that you have this many followers because you talk about MSTR daily and you have 34 shares and 7 STRC.

[Robert Nolte @robnolte]

@thepowerfulHRV Pay the dividend indefinitely? Or just this next couple months. There is a difference

[Robert Nolte @robnolte]

@Strategy So basically if BTC goes to ~30k then shareholders would have no value, because debt and preferred are worth more than the BTC. They can stop paying dividends but BTC under 30k is a wipe on MSTR

[Robert Nolte @robnolte]

@AdamBLiv Warren Buffet would never touch $STRK or any crypto related assets.

[Robert Nolte @robnolte]

With what could $MSTR buy any more $BTC. $STRC is $6 below PAR, they are going to have a hard time convincing Wall Street its smart to sell their stock at a 52 week low to buy more $BTC. This company is on life support because when they start dumping the market will beat them to it.

[Robert Nolte @robnolte]

@BTCoptioneer 15% da fuq?