Josh man…can you explain to a normal person why mstr isn’t a ponzi? Last cycle I thought using vol to their advantage & diluting shares could be smart. And the convertible bond strategy was an interesting play to absorb fixed income dollars for btc. But now with these preferred instruments and dividends it just smells so ponzi & greedy. Care to share your thoughts? Also, I’d say that after last cycle, I felt Saylor was so reckless to his common share holders it seems like he doesn’t deserve our capital. It may be better to own far out IBIT calls or metaplanet. Thx!
So now $MSTR will start selling more bitcoin due to their misplaced greed leveraging to try and get more bitcoin
That is without question horrible execution
The point of buying more bitcoin on leverage was not to sell it early for a loss
Everyone can learn a lesson from this.
@WBigbucks@hendry_hugh@grok He saying the market quietly shrugged the Iran war off while the clowns on tv had panic attacks. Now we’re kissing all time highs and the market is already looking towards the largest ipo in history. Grease the skids and strap in. That’s what he’s sayin imo.