Im not complaining about anything, im pointing out mstr has pivoted to a scam with preferreds eating ordinary shareholders (via dividends)and no proof of reserves, but you do you.
My bet on strategy bought me more sats, but that train is over imo. Happy to be proved wrong and saylor shows proof of reserves. That relentless buying dipping the price is just a coincidence.
Proof of reserves should be easy, I agree. But I see it as silliness to expect MSTR to not take full advantage of the in phase nature of MSTR and bitcoin price rises and destroy it for the purpose of increasing btc per share.
I would think their strategy had failed if they failed to obliterate the 1:1 movesβ¦there is always a cost to getting something valuable. Time is the cost here.
You want to help Saylor/Wall St do that?
Of course. Anyhow who doesnβt hate themselves or money would choose the same. Obliterating the in phase 1:1 is how you trade time for a higher ratio of stock price to bitcoin price.
I did think it made sense for companies to buy bitcoin, if only for their own self preservation. But i wised upnand realised the stock market is a boomer scam and noone should buy that garbage. Muah gdp muah stocks portfolio! Haha
