Damus
DRE · 36w
Why would they get rekt if they are following the Saylor playbook and not taking on secured debt or leveraging over 30%? They are doing what rational people would do if they had the ability to raise ...
Dr. Jeff profile picture
Only a small number to the new bitcoin treasury company "managers" actually understand bitcoin and dollar-based financial plumbing like Saylor does.

And many are literally managing billions of dollars and tens of thousands of bitcoin.

It's like giving a confident five-year old the keys to brand new Ferrari and expecting a good result.

The wheat will get separated from the chaff once the good times have ended.
42❤️32🤙5❤️3😂2🎯1💜1
DRE · 36w
The playbook is open source. There are no proprietary secrets. If you have a premium you do accretive dilution. If you don’t you borrow on good terms and buy Bitcoin until mnav increases then do step 1. I know there are more complex strategies being deployed by competent managers, and perhaps some...
John Carvalho · 36w
Running a ponzi isnt complicated. You sell out shareholders for a loan, buy btc, resell that exposure as new shares, repeat until it blows up.
Jeffyp0p · 36w
Who else would you add to Saylor aside from Jack Mallers?
R3b3l - The last Samurai · 36w
Absolutely
BitLo · 36w
Agreed. The unwind will melt faces.