That guys got a crazy head

4,000 sats

nostr:npub16secklpnqey3el04fy2drfftsz5k26zlwdsnz84wtul2luwj8fdsugjdxk Hope your skipping through the day like you just don’t give a f**k with a Daily Dose to go along

https://open.spotify.com/track/2OsEq3xZjB5LFbYOxQvYXv?si=xBnLluA5Q_uu459dpeOILg

The concept of money is rare in the universes. It was a creative thing to do for humans on earth, but a rare one.

I have taken life changing profits off the table already and am playing with more than just house money. You could call it house money on steroids.

"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)"

Exactly. This is the MSTR business plan as transparently talked about and executed for over 4 years now. Expand and contract. I already laid out how I accumulate more BTC with this expansion and contraction.

I agree with that and I will be out of the trade prior to that. That has always been my plan. I have been trading LEAPS in MSTR since 2020 right after the reaction from the Dutch auction from the share holder was so positive. Instead of having to return 250 million to shareholders and only get to buy 250 million in BTC, they were able to return very little to shareholders and bought almost 500 million in BTC. That's how it all started. It's been beyond my wildest dreams in profits for my options. Cost basis is around $1. MSTR board is way to smart to ever let the NAV get to 8 or 10 or higher as that goes against their business plan. It could go there but just for an acute moment. It will not stay there. If it were to stay there then we would have a big problem as that would mean the business plan is failing. Their business plan is clearly stated and being followed to a T. They let the NAV Premium get to 3 to 4 and then harvest the premium by issuing more debt, and or by selling shares into the market to buy more Bitcoin, then bring it back down to 2 to 3. They want the primum to expand and then harvest that premium and then contract the primum to buy more Bitcoin. They just are not incentivized to let the NAV Premium to expand to 8, 9, 10 or 12x. The damping effect on the share price is much greater at a higher NAV Premium than at a lower one like between 2 and 3. That works for me. I want them to let the price of the shares to go down because I want them to convert more of my share ownership into a Bitcoin position. That is synonymous with the share price going down. Things to remember: They will be added to the S&P 500 soon and there will be billions of dollars in corporate capital that must be allocated to MSTR. That will cause the NAV Premium to expand. As a retail buyer of MSTR, as this expansion starts getting toppy, I sell some of my position and covert it into Bitcoin (Just like MSTR is doing themselves) , I wait and allow for the contraction to occur and then buy more options or shares. There are funds that can only invest in corporate debt. MSTR is a great option as BTC is the underlying asset. These are revolving doors of capital.

I don't make bets on most anything. Especially things that could go to zero tomorrow for many reasons, even when highly unlikely. I know that do not know.

nostr:npub16secklpnqey3el04fy2drfftsz5k26zlwdsnz84wtul2luwj8fdsugjdxk Hope this Daily Dose finds you well and that everything comes together for you today 🌹

https://open.spotify.com/track/6ckUX8cgcqjoNGTd2A2Pvd?si=7PTRv7k8Q3iz-ou37LvBFQ

MicroStrategy has acquired 15,400 ₿TC for ~$1.5 billion at ~$95,976 per #bitcoin and has achieved ₿TC Yield of 38.7% QTD and 63.3% YTD. As of 12/2/2024, 402,100 ₿TC acquired for ~$23.4 billion at ~$58,263 per bitcoin.

The stock is up in the pre market.

I’ll get back to you on this.

MicroStrategy bought 55,500 BTC over the past week for $5.4B. The company is now holding a total of 386,700 BTC worth nearly $38 billion, acquired for $21.9 billion at an average price of $56,761 per coin. The NAV Premium currently at 2.362x is cheap. It will be at 8 to 10 soon. Maybe 2 to 3 years. MSTR, along with the ETF's, along with sovereigns' moving into the space is beyond bullish for BTC protocol into the future and for the price as well. This is not a retail asset anymore. I now know multiple multi millionaires (2 to 5 million) who cant buy a whole BTC at 99K. They don't have access to 100K of liquidity to make the purchase so they get what they can. I just stack as I can. I buy LEAP options of MSTR and have some exposure to the ETF for the sole purpose of being able to easily rotate out of them and into a small select bag of stocks as soon as they bottom at the same time BTC tops out.

Saylor will be buying more today. He always teases with posts like this right before he buys.

Sunday mornings and meditation. 2 of my favorite things. Have a great day nostr 🙏

🌈 nostr:npub16secklpnqey3el04fy2drfftsz5k26zlwdsnz84wtul2luwj8fdsugjdxk Sunday mornings are meant for Daily Doses, coffee, and feet up. Cigars if you like too.

https://open.spotify.com/track/5Zjeg3JTmUW8auEuQmYRjF?si=si23GtePQd2kue-19jWUpQ

Good dog. It was trying to help you as Bluetooth on the brain is not good.

Watch what they do, not what they say.

GM

Great rant. I agree that BTC will ultimately be the 1 currency humanity ends up using as it seems to have the ability to fix everything that money touches. I pose the question to Jeff because he pounds his fist on the table that if BTC does not take over as a transactional currency, it will fail. The actions by the most powerful government are moving against that. Of course that should just be a small blip in time as the policies change and hopefully move to BTC as a standard unit of account in the USA.

Fiat brains

Remember to just talk about the weather.