sigh, why can't they just stay humble and stack sats. last time this happened the firm had to sell btc and pump mstr.
h/t Dylan L, amethyst isn't pulling him up right now
Discussion
lot of complex wallst games - MSTR using DEBT to buy moar BTC in a fact - implications r unknown
We all know what happens when the shorts start to pile up 😏
True but in this case they are long corn. Mstr has been blowing out shorts forcing the companies to sell corn to cover hence the current phenomenon where the stock is going up without BTC ... It's not forever, it's just wall street games
They have missed the entire value prop of access to cheap capital to acquire more Bitcoin. A dollar speculative attack that very few other companies can pull off due to the depth of their balance sheet liquidity. Insane that I used to think people like this were smart. They just had cheap money with nowhere else to go.