Possibly 👁️🪬😉
GM and Pura Vida! ☀️
STUDYING Bitcoin is far more important than OWNING Bitcoin. But doing BOTH is optimal 😉
#Bitcoin
#GM
#PuraVida

You’re a beautiful soul Lauren. We all need each other to be gentle mirrors for one another along this winding path.
“I am just another you” 💫💓😌
God Bless you sister 🙏🏻
Seems to me that the self perception of being the “bigger person” while those around you are the “little people” is an extremely toxic, egoic mindset.
Can I ask why this resonates with you?
Do you feel that you are constantly having to suffer “little people”?
Im not trying to be confrontational, it’s just that your last few posts give a vibe of someone that is really hurting and lashing out passive-aggressively. Not sure if you can see that yourself.
I mean no disrespect. Pls disregard if I’m “missing the mark”. 💓
I know that when I’m suffering, I’m always the last to realise the low vibe and toxicity of my words and actions. 😔
Absolutely!!! 🧗
(On belay of course)
“My government”. WOW. That gave me the chills. In an archaic tribalistic sort of way. Like “My king/ruler” in days gone by.
All these past structures are collapsing. In real time. Just still a bit too slow for most to understand. Yet.
If the future is Bitcoin, then there will be no centralised oligarchs. Govt OR corporate. Its binary. By design 🍊
Like I said….trade as you wish.
I view this as a “one trick” pony.
As the price of Bitcoin increases AND MSTR issues more and more shares, the premium to NAV will asymptotically approach 1. (In very volatile fashion)
Once the cycle turns, the fast money exiting (those who have no long term interest in Bitcoin) will temporarily drive the price BELOW NAV.
Be careful. I’ve spent 35 years watching traders with a “plan” give back all their early profits in a trade by nothing more than the sheer and obvious “financial gravity”.
Add leaps to the mix, and you are playing with fire 🔥
Much love 😘
Didn’t mean to goad you. Dont take the bet. There is almost no way you can win, IMO. Saylor (and the board) have an unlimited amount of new shares they can issue to close the arbitrage (premium to NAV).
Once we peak this cycle (late 2025/early 2026) there will be massive selling pressure in the BTC proxies (ETFs/MSTR) as the price of Bitcoin does its normal 60-80 percent correction. The chance of MSTR trading below NAV during that part of the cycle is nearly guaranteed.
Once again. This is MY read. Trade as you wish.
They are both legacy systems that will be forever relegated to the dustbin of history in a generation as the emergence of an almost inconceivably equitable, elegant and durable “Bitcoin Standard” envelopes the planet….🌍🧬🦋
If you care to wager, I will bet you that MSTR trades BELOW NAV by Jan 1 2027.
Bet is good for upto 10 mil sats. 🎲🤓
Many observations…..
Using YOUR stated premium of 2.36x (by definition) means that you are paying approx 230k PER BITCOIN by buying MSTR today. Instead of buying an ETF at roughly parity. (Let alone, buying actual UTXOs that you actually own and control)
Can you explain how you think this is “cheap” to a lowly 55-yr old former founder and CEO of a multi-billion dollar hedge fund? 🧐
What are your comps for ANY closed or open end fund to trade at 8-10 times NAV? In all of history?
These “wealthy” people you know who can’t afford a WHOLE Bitcoin. (Colour me a skeptic 🤨)
Why can’t they buy 90 mil sats instead? Or 80? Or 70? Etc etc etc.
Why is their best option to buy MSTR at 2.3x its underlying value in Bitcoin?
Agreed. And it’s a 2 inch bandaid needing to cover a 12 inch fatal knife wound 🔪🩸
Edit…..Should read “depth of bid FOR MSTR STOCK….”
Sorry 🤪
Saylor’s purchases have nothing to do with the price of bitcoin in isolation. It’s the depth of the bid (at massive premium) to the price he can acquire the Bitcoin.
THATS where the arbitrage arises.





