Replying to Avatar ๐–‹๐–Ž๐–†๐–™๐–‰๐–Š๐–“๐–Ž๐–Š๐–— (ยฏ`โ—•โ€ฟโ—•ยดยฏ)

He's paying them 3% to 4% while bitcoin appreciates in the low 60% per year. Saylor is getting a free roll and if MSTR goes bankrupt, their shares are worth zero anyways.
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Svoboda 1y ago

Right, but these guys are betting on his play, too. Most have covered calls so they could be making 30-40% on those while they ride it out and they're essentially getting that for free.

At least that is how I saw it explained several months back when people were questioning why people were still buying.

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๐–‹๐–Ž๐–†๐–™๐–‰๐–Š๐–“๐–Ž๐–Š๐–— (ยฏ`โ—•โ€ฟโ—•ยดยฏ) 1y ago

Covered calls on MSTR?

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Svoboda 1y ago

Yeah, that is what they were explaining and why the private equity firms continue to buy them up. I'll try to see if I can find the pod it was talked about and if I can, I'll toss it in the thread.