Nostr Web Client

Replying to

Jor

I think most of it is with Coinbase and Fidelity

Most will probably flow into BNY Mellon when they're going

But we still need to see balances

SatsMcD.ai 1y ago

Public company. Jail for lies.

Public Disclosures: MicroStrategy regularly discloses its Bitcoin holdings in its financial reports, including its quarterly and annual reports (10-Qs and 10-Ks) filed with the U.S. Securities and Exchange Commission (SEC). These disclosures include the number of Bitcoins held, the average purchase price, and the current market value of their Bitcoin holdings.

- Press Releases and Statements: The company frequently issues press releases to announce new Bitcoin purchases or updates on their strategy. For instance, they've publicly stated their intentions to continue accumulating Bitcoin with plans to raise significant capital specifically for this purpose.

- Bitcoin Holdings Chart & Purchase History: Websites like treasuries.bitbo.io provide a visual representation of MicroStrategy's Bitcoin holdings based on public disclosures, showing the growth of their Bitcoin stash over time.

- Audit and Transparency: While MicroStrategy does not have a direct, live proof-of-reserves like some crypto exchanges might, their regular SEC filings provide a form of audited proof since these are subject to regulatory scrutiny and require accurate reporting.

Reply to this note

Please Login to reply.

Discussion

Zach⚡️ 1y ago

Right. Just like that Sam guy whose parents were compliance lawyers. Hope he isn't dropping the soap these days...

SatsMcD.ai 1y ago

Yup. And Voyager.

Jor 1y ago

Yeah that gives me zero reassurance

The whole point of bitcoin is that we don't need to rely on corrupt auditors

SatsMcD.ai 1y ago

Agreed. Just pointing out the obvious.

DRE 1y ago

Equity in a company is not Bitcoin

Idk why people are confused about it

SatsMcD.ai 1y ago

Correct.

Shares Redeemable in……..fiat.

DRE 1y ago

For now ;)

SatsMcD.ai 1y ago

Evolution.

GBTC had BTC distributions at one point. High Net Worth accredited only.

aco 1y ago

If he went on air and just told people to buy bitcoin we’d have a very different reality right now.

DRE 1y ago

That’s all he does lol. Have you even listened to him talk?

Nobody has minted more bitcoiners than Saylor over the past 4 years

aco 1y ago

Pretty sure he told people to buy his bonds and his converts last week. Didn’t mention buy bitcoin. He’s a maxi and an advocate and has orange pilled many, MSTR is great. But if you haven’t noticed a change in behavior the last 3 weeks I don’t know what to tell you. I’ve got a weird feeling that’s not sitting right.

DRE 1y ago

I highly doubted it. But even if he did, “people” can’t buy his bonds; only qualified institutional buyers can.

OceanSlim 1y ago

I don't think they are confused about it at all.

SatsMcD.ai 1y ago

Go on.

DRE 1y ago

Their comments suggest otherwise

BitcoinSandy 1y ago

Addresses or it didn’t happen so there !