Replying to Avatar Fartface2000

I think we will all look back and realize MSTR should always trade at a discount to its Bitcoin treasury.

It can only accrete if someone is willing to give Saylor more than the stock is worth.

Pretty simple IMO
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Reed 1y ago

This is essentially what happened with GBTC. 👍

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Fartface2000 1y ago

Yes, with one exception, there is a bunch of Bitcoiners who are mesmerizing by Saylor and don’t do any critical thinking. If you’re a bitcoiner, there is really very little reason to own the MSTR equity at a price of more than 1:1 and that would only be if you were limited to the type of investment FE 401k

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Reed 1y ago

Remember when Barry was on all the podcasts talking about how much Bitcoin he was buying and how GBTC would never stop? Similar vibes for sure.