Replying to Avatar CitizenPleb

Yes, if you own MSTR you’re beating the underlying asset in a bull market and thus the ETF. With more risk to be sure, but regardless, good times so far.

But again, helping Saylor stack more sats does not lead to hyperbitcoinization.
Avatar
chowcollection 1y ago

Yes it does, because the sats belong to the shareholders, and it supercharges the speculative attack

Reply to this note

Please Login to reply.

Discussion

Avatar
chowcollection 1y ago

And if you prefer self-custody Bitcoin, then holding MSTR will give you 5x-10x more purchasing power to buy more #Bitcoin with the profits

Avatar
CitizenPleb 1y ago

Yes, prefer self custody. Yes, one could potentially pull that trade off, or say in a tax sheltered account, arbitrage between bull/bear cycles between MSTR and the ETF.

Avatar
CitizenPleb 1y ago

The shareholders own equity in the company, which are not redeemable for sats.

If Saylor decided tomorrow to sell all of MSTR’s sats, the shareholders could leave, they could file a worthless lawsuit, but they couldn’t take “their” sats.