Accurate and I say this as an investor in nakamoto lol ๐
Discussion
investor and I as this Accurate ๐ nakamoto lol an in say
nostr:npub1luz2pekdsrq5rv94tqjla5f863fj5mhvmdl8gw3c50pgh705gcysapee93 nostr:npub1u8lnhlw5usp3t9vmpz60ejpyt649z33hu82wc2hpv6m5xdqmuxhs46turz shame on yall for using X
Yeah in stonks
Still donโt see companyโs with material amounts of Bitcoin buying bitcoin in ways that would trigger a liquidation.
This just feels like a muscle memory/PTSD/recency bias/knee jerk type of reaction
People donโt seem to understand or know that Strategy has over $50 billion dollars left to deploy. The next capital raise will be at least another $42B. They will be buying the bitcoin from blown up companies before people know whatโs going on
And Iโm not even taking ETFs and MetaPlanet into account whose target is 100K BTC by end of next year.
I donโt think MSTR blows up, or even NAKA but if you look on the bitcoin treasuries site the companies are growing rapidly. There will be thousands of them sooner or later and I donโt put much faith in the last 1,000 guys to execute the strategy prudently
I donโt either, but that wasnโt my point.
Iโm saying that even if 100 companies with 1,000 BTC blow up, Strategy alone could sweep those Sats in a few months or less if they issue a convert.
Scale matters here, and the biggest players this time around are Bitcoin black holes with virtually no liquidation price. Their stack is permanent capital.
There will be booms and busts in the stocks of those companies, but thatโs not necessarily going to translate to Bitcoin being sold. How much Bitcoin do you think Strategy will be buying next January when they have S&P 500 passive flows at their size (presumably over $200B)? How much will the market for their 3 preferred offerings have grown by then? They will be able to deploy $1B per week easily.
None of this takes into account nation-state adoption and the Twenty-One Capitals and Metplanets of the world.
Lettuce hands will sell for a 2X gain, and we will have 30% corrections like we had this year.
BUT we are going higher for longer, bro.
Get bullish ๐jk
Iโd like for you to be right
lmao
so far it has been a good trade for me. but im not hodling that for the long term
We just discussed that during yesterday's meetup!
Faces are gonna melt.
What's "Nakamoto", I've missed that one...
I just bought some yesterday. After Lubka joined I view it as the real version of Vibes Capital Management