Clearly not done the work to understand MSTR.

MSTR did not find a glitch, they are just taking on risk, which works as long as there isn't a massive crash

Bitcoin does have a way of flushing out massive amounts of leverage. Not saying it will happen, but it CAN happen

To summarize:

- convertible notes: give option to debt holders to convert into shares, diluting current share holders. But if it doesn't pump, can only pay back by selling BTC.

- straight debt: mstr doesn't have enough income to pay back all debt holders, so they can become a forced seller of coins or shares (dilution) during a dump of BTC or mstr stonk

- their force sells can dump the price further creating a death loop of even more selling

Yes it looks genius after a huge pump but it could potentially be lights out if we crash 70%

But we probably won't

I don’t think so. Maybe. But I don’t think so.

true story, 4 years ago I argued that the premium on gBTC should be just below 0

Odell corrected me

it then proceeded to dump well below 0

I'll never forget it 😂

What’s wrong with FBTC? Fidelity actually custodies their own corn unlike how the rest just throw it at Coinbase.

I’d rather buy MARA or Metaplanet

it was, I had it and enjoyed the premium but also know of others that bought during premium and got rekt when it went under

My last 6 years of work I didn’t contribute $1 to a retirement account.

Stacked like a mothafucka.

Depending on work history, IRA’s are a reality from the past. Penalties to liquidate are prohibitive.

MSTR is the play for those.

I’m right.

Are you claiming that MSTR will not top $543 anytime soon?

What am I coping about? You’re the one underperforming MSTR

What am I coping about? You’re the one underperforming MSTR

You’re on the left. (Obviously performance not exact)

sats may be right in the short run, it may be practical advice for people with money in an ira that aren't ready to distribute

do I prefer cold hard sats, yes

do I think sats prefers cold hard sats, yes

I think it's a hard to time thing but if people any to do it go for it

I'm for people doing whatever they want with their money, I don't care if you buy mstr, I just prefer btc in cold storage.