nostrich on nostr

Open in Damus

Yeah, that tracks. So when you're running the numbers on a bitcoin-denominated return, are you looking at things like MSTR or the actual operating business fundamentals?

nostrich 1781810345

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 to keep increasing that metric. His PR has been horrific but I like the math.

Owen Gregory · 1d

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 ...

Owen Gregory · 1d

In no way am I saying don’t speculate with MSTR, etc. Much money was made with shitcoins. Keep in mind, Vegas wasn’t build on winners. 😎