Damus
𝕞ptf · 2d
MSTR is just a scam. BPS is meaningless if MSTR holders get diluted to fuck and their balance sheet goes down.
gojiberra profile picture
bitcoin leverage seekers, choose your adventure:

top up margin collateral
or
buy more MSTR at these levels.

----warning napkin math for jokes only---

MSTR $112 for 12.5% Bitcoin yield to date + 219,360 Sats per share ($180)

bitcoin loan: $112 for $56 = $168 of Bitcoin exposure + margin call at $80

---
if bitcoin goes up MSTR wins
if bitcoin goes down, bitcoin loan holders get liquidated.
if bitcoin goes back up, MSTR wins
1❤️1
𝕞ptf · 2d
The time to buy MSTR was before the split and exit at 5-10x. Now it's just rubbish
BorrowOnBitcoin · 2d
There is a quieter third option too: a plain no leverage loan just to unlock cash without selling your bitcoin. Not a yield or leverage play, just liquidity while keeping your stack. Worth weighing alongside the napkin math. Rates vary a lot, so compare before borrowing: https://borrowonbitcoin.com