Damus
Cincy · 6d
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 ...
Owen Gregory profile picture
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.
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Cincy · 6d
correct—he is essentially running a hedge fund with each equity class having a different return profile. Agree 100% that any coins custodied at a third party are not “owned” by Strategy and that is a risk. I’m not sure I’d be as harsh regarding his relationship with the network, but I unde...