People get burned and never learn their lessons lol

How can any debt issuance with a coupon obligation even be mentioned in the same sentence as revenue?

It’s cuz Saylor was mean to nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj

No lube

https://i.nostr.build/nxm7.gif

SATA is trading at 100$

Looks like a shitcoin. I look forward to the day a bankruptcy judge dismantles this scam masquerading as a company.

ouch - that chart

yield is now 1%

13k back in play? Lol

It's all so dumb

The chart is funny, but are we really comparing a credit product to Luna? Trading down just means the market demands higher yield for the risk. It's not a stablecoin.

Feels like this may need to unwind before we go back up 😁 imagine the sentiment then.

200k by conference day!

There is Bitcoin then there is the rest, Saylor is losing the narrative, trust eroding daily

bitcoins don't really come from storcs, buddy

iPhone after Steve Jobs?

More like an FTX moment

Things are not looking good for STRC. Saylor just can’t help himself. Too smart by a half.

When markets are up, every Bitcoin believer is your admirable, intelligent friend. When markets are down, the knives come out. I have some serious differences with Mr. Saylor, but I take no joy in his current troubles and sincerely believe that the inevitable future rise in value of our immutable mo...

Fuck saylor and his fiat rotten games he has been playing on Bitcoin for the past 5 or so year. Didn't like this grifter from the start, and always knew deep inside that this motherfucker will push his greed too far over board and sink his ship. As the saying goes "Fuck around and find out"

I hope the girl in the AI STRC promo video is doing ok

Some think this comparison might be a little bit of a STRC....

I don’t understand why they aren’t actively managing it, ie wouldn’t intervene and buy back some STRC to keep it closer to the peg. Gives their flagship creation a massive black eye. The dividend rate adjustments alone is evidently not enough

Oh the iPhong tweet

I expect Strategy will bump the rate up to 12% which would make the effective perpetual rate almost 14% p/a at these prices. You know it's not a peg right? STRC is capped at $100 but it has no bottom. It's a bit annoying if you need cash when every body else does though. I guess liquidity is tan...

its more a bottom signal, because who needs 11% when you can get 50% with bitcoin buying right now. STRC is god for sideways chop or in a bear.

But Red going down is good, right? If that chart was green I'd be worried... Because if green goes down, that's bad. https://blossom.primal.net/da3b63046c9fb453699e563c100de0a100a4d1753553ccac8ea1d850a4cf49b8.jpg

KISS SAYLOR'S SOVEREIGN WALL ASS

whoops. stupid games, stupid prizes

The market says 58k forever laura

Everyone went to SATA instead

I loved nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpp4mhxue69uhkummn9ekx7mqcgpfcr breakdown of all of this last Mailbag Monday. Favorite part was Saylor telling Jack it was all in the 8k and then Jack read the 8k 😂

Impressive. Very nice. Now let's see your best friend David Bailey's stock.

Strc crashing is probably good for mstr because they have less dividends to pay out and the same amount of BTC on the books.

Always ask yourself where the incentive is, that usually will help you sniff out even the most pretty packaged scams. nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aqtgetq8 has still not answered my...