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Jay Pow Pow
64ae9057635a9189376c39cd92d7b86f06944a60f6711de338949edb3ba6b17f
OG JPP

We're all getting girlfriends?

Seriously, very cool

Sorry, it's $1000 not $3000. That's because you can convert each STRK share into 0.1 shares of MSTR common stock whenever you want. Because par value is $100, MSTR common stock would need to get to $1000 for that to become worthwhile.

So imagine a number line from 0->infinity and that's MSTR stock price. There's a dividing line at $1000. Below that, you get $8 annually for every share of STRK you own. Above the $1000 MSTR stock price, it becomes worth converting STRK to MSTR stock

So it's similar to a perpetual bond and a $1000 call option without an expiration date

Microstrategy preferred stock. Think of it as a perpetual bond of 8% and a perpetual call option. I think the strike price on the perpetual call option is $3k.

So you get 8% as long as MSTR is solvent. And if it goes over $3k you can convert it to real stock.

We don't have to stand up. We have electric scooters that do the walking for us. Freedom from walking

Nutella is the most European thing in my house

Where you get Nutella by the gallon? Sam's club? Costco?

If you could at least include the conversions at the bottom of your texts, if you aren't going to just speak in freedom from the start, we'd appreciate it.

Also, that's a fuckton of snow. You got any flamethrowers? I personally have two if you want me to mail you one.

Hadn't thought of that. Most of these people haven't owned stocks or RE, etc. So they don't appreciate every 4 year cycle is lifetimes of returns

This! Even if you entered the space now, you should be anticipating 10x over next decade (conservatively). If 10x isn't good enough, you have an income/net worth problem not a return problem

Did you just post a picture of your ass online for $0.0006? 😂😂😂