Cincy
· 1d
MSTR is definitely unique. there are a couple metrics to track but I like keeping it simple. I track bitcoin per fully dilited MSTR shares and I regularly reevaluate whether I believe he will be able ...
He’s a basically a fund manager. He’s not giving ALL gains away in dividends, that’s how he makes his living, by taking a little cut from investors—I would expect him to be prudent.
Remember his “entities” own MOST of the Bitcoin, not Saylor. Don’t know how much he owns, don’t care. He couldn’t have done what he’s done without OPM. In a sense, he’s hedged his bet and is no friend of Bitcoin.