.@PressSec: "It was a mistake for Canada to vow to implement that [Digital Services Tax] that would've hurt our tech companies here in the United States... and the Prime Minister called the President last night to let the President know that he would be dropping that tax."
Paul Atkins' nomination as SEC Chair is a huge win for financial innovation. President Trump promised to have the most pro-digital asset admin in U.S. history, and I am looking forward to working with both of them to promote innovation and make our economy strong again
I think the funniest thing about $MSTR is that its making people realize they don't understand how equities are valued.
If you bought $100k of $MSTR shares today, you are exposed to about 0.4 BTC. If you conservatively assume a 25% BTC yield, you'd have exposure to 1 BTC in 4 years and 2 BTC in 7 years just through your initial investment. You'd have exposure to twice as much BTC after 7 years compared to just buying spot today. That's a 2x in BTC terms; a pretty good deal to me!
Meanwhile, if you bought $100k of $NVDA, you're exposed to about $1,667 in earnings a year. If you assume a 10% growth rate in earnings per share, it would take 23 years to recoup your investment and 31 years to double in fiat terms.
Doubling your $BTC in 7 years vs doubling your fiat in 23 years! And that's before you add in BTC crushing fiat over that time.
Tell me again which one is overvalued?
MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per #bitcoin and has achieved BTC Yield of 35.2% QTD and 59.3% YTD. As of 11/24/2024, we hodl 386,700 $BTC acquired for ~$21.9 billion at ~$56,761 per bitcoin. $MSTR https://t.co/79ExzXk4UM
MicroStrategy is powered by its #Bitcoin treasury operations. We sell volatility through our ATM offerings, strip BTC risk, volatility, and performance from our fixed-income securities, and transfer that performance to our $MSTR equity holders.
Year to date, $MSTR's treasury operations delivered a BTC Yield of 41.8%, providing a net benefit of ~79,130 BTC to our shareholders. This equates to ~246 BTC per day, acquired without the cost, energy consumption, or capital expenditures typically associated with Bitcoin mining.
@PeterSchiff tick tock @PeterSchiff. maybe #bitcoin flips gold this cycle. also gold ETFs only hold about 1.5% of gold so gold is more exposed to bitcoin ETFs leeching value from gold.