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Looks like a very profitable trade

Yeah, he did well. Better then I thought he would. Good sign for btc that he's unwinding now.

I think he sees mstr launching preferred in other markets and that's going to put some sizeable buys back in the market. Probably help out mate mnav as well

Cannabalising the mstr normal shareholders cant be a good long term strategy imo

Have you seen their preferred volumes lately? I think they found something s with strc

Not for me, but for the boomer that wants retirement income and for institutions

It's not good. Big problems incoming. I talked about this a week ago, I expected this kind of thing to begin January. Looks like it's happening faster than I expected.

We will see at some point if mstr has 600k+ BTC i think.

Can you translate this Cuban?

Changos took out a short mstr long BTC trade. His bet was that mstr mnav would compress.

He was right, I think partly because BTC didn't have a run.

Now that mstr mnav is closer to 1 and they are launching preferred in other markets he is unwinding the trade. Smart

Chimichangos πŸ˜‚πŸ˜‚

Good move on his part…..

I stay in my lane and stick to the πŸŒ½β€¦β€¦

He’s a smart pussy.

Basically, yes

Traders trade. Luckily I’m way too dumb for that. I HODL. Long time.