@RonManX@BitcoinTeacher_ BTC will likely never go back to $0, but MSTR is a completely broken model. Sell low, buy high, issue high interest debt and call it innovation.
BTC outsized returns are over so their capital structure will eventually implode.
@BitcoinArchive Under $100 the day before ex-dividend date after massive buybacks and a 20% rally in crypto doesn’t hit at any meaningful issuance at par.
@zaidlikesmstr@Strategy They are not quants in any sense. Plenty of successful quants, most notably Jim Simons who did so well they expelled outside capital. Unlike these clowns who try to scam retail investors and indices into allocating capital into their pointless crypto shell company.
@TheLongInvest He hasn’t done anything. Just has an effective propaganda army that attributes any good action of the government to him, even though most of the programs were started when Adam’s was in office.
@TheSamsPodcast I dont think you understand what a productive asset is. BTC is not just unproductive, it is net-negative because of the massive amount of energy needed to support the miners.
@LizardWizardBTC Because smart money understands the outsized gains have been made. Also ETFs are live so btctc is a pointless vehicle, unless they can deliver alpha through execution and timing… both of which they are historically bad at