Nostr Web Client

I will warn here first as this cannot be deleted: Don't buy Microstrategy new $STRK !

Yoz think you would get #Bitcoin with a yield. But Bitcoin doesn't have a yield, it doesn't pay dividend. Where this money will come from? At best, Saylor will be right with its bet and just need to sell a fraction of the bitcoins stack to pay shareholder off. But if BTC went down (even temporarly) they will have the option to pay the yield in $MSTR stock. So getting basically printing more share and dilluting every share holder (of $MSTR and indirectly $STRK).

I will be straight: this new product is borderline to a ponzi and at best it's just a huge levereaged product.

Don't buy $STRK, don't buy $MSTR. If I would have any, I would sell them and buy real, self-custody, bitcoins.

Of course, I'm just a rando person on nostr, DYOR. Maybe nothing bad will happen, and everyone will be happy but I would prefer to stay safe. I hope for the best for everyone.

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Discussion

Energy Producer 11mo ago

This STRK product is $0.5B. They own $45B in btc. Their leverage ratio of pref equity and convertible bonds is <20%. This list all metrics, they are not leveraged enough! Do more research 🧐 www.Strategy.com

Eluc 11mo ago

If you think I'm wrong, right, sell your BTC and buy STRK. I'm not an expert but I don't believe in free money. Your might outperform BTC, at least for some time, but it will cost you more risk. Up to you to know if it worth it.

Energy Producer 11mo ago

I own 0 STRK - not enough upside, I’d rather have MSTR common. I own BTC and MSTR. For me it’s not either or, it’s both and the % split is personal. However I’ve done 100s of hours of research on MSTR and can tell you it’s the furthest thing from a scam. It’s the most clever way to lever BTC with a positive carry cost, by accessing previously untouchable pools of capital (due to fund charters). I’m not trying to sell you on it - I’m trying to say do more research if you want to make the claim it’s a fraud or ponzi and detail out why you think that.