@ed
John Galt is Prometheus who changed his mind. After being torn by vultures for bringing men fire, withdrew his fire—until the day when men withdrew their vultures.
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is this Bitcoin Per Share (in Sats) really true? i just calculated $180 share... that just seems too good to be true. makes me very tempted to sell bitcoin to by MSTR, which is a big "no-no" but it's ...
That sats per share figure doesn’t take into account the senior claims on the Bitcoin (I.e. from debt + prefs)
It’s still a useful metric tho. The senior claims are denominated in fiat. So (if you’re a bitcoiner you might assume they’ll) tend in the long run to zero against the bitcoin
CEBE sats per share subtracts the senior claims. It’s at ~140k sats rn which is below the current share price. https://cebetracker.io/company/MSTR/
It’s still a useful metric tho. The senior claims are denominated in fiat. So (if you’re a bitcoiner you might assume they’ll) tend in the long run to zero against the bitcoin
CEBE sats per share subtracts the senior claims. It’s at ~140k sats rn which is below the current share price. https://cebetracker.io/company/MSTR/
dude, take your head out of Saylors ass and look at it from the perspective of people buying MSTR now.. THEY FUCKED! Same as STRC... it is only a matter of time before he has to reneg on the dividen...
I disagree.
If you buy MSTR thinking you’re gonna outperform BTC by the end of the year. Sure you might get fucked. If you’re time horizon is 5-10 years, today is a much better entry than last summer
They are *categorically* nowhere near close to having to “reneg on the dividends”
If you actually look at the numbers… they have about 30 years of dividend coverage. I.e. Bitcoin could drop ~70% from here & it would still take about a decade for them to run out of money
If you buy MSTR thinking you’re gonna outperform BTC by the end of the year. Sure you might get fucked. If you’re time horizon is 5-10 years, today is a much better entry than last summer
They are *categorically* nowhere near close to having to “reneg on the dividends”
If you actually look at the numbers… they have about 30 years of dividend coverage. I.e. Bitcoin could drop ~70% from here & it would still take about a decade for them to run out of money
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It has a chance to comeback. STRC Dividends probably need to be dropped though 😅. Reputation damage from that might hinder the stock
They can comfortably afford to pay the dividend & raise it by a % or two to get it back to par.
They can sell BTC / MSTR to fund divys, which might be dilutive to the common in the short term. But BTC yield YTD is at 12.5%. What more could you ask for in a bear market 🤷♂️
Honestly, BTC yield could go negative for a year & it wouldn’t invalidate the business model
They can sell BTC / MSTR to fund divys, which might be dilutive to the common in the short term. But BTC yield YTD is at 12.5%. What more could you ask for in a bear market 🤷♂️
Honestly, BTC yield could go negative for a year & it wouldn’t invalidate the business model
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The time to buy MSTR was before the split and exit at 5-10x. Now it's just rubbish
The comeback will be legendary
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Wtf is that?
Bar chart. Compound annual growth rate of MSTR vs. BTC since the company started buying Bitcoin
Stretch your income.
$89.41
https://image.nostr.build/7b8eb59dfeb99f8fdcd336413ade1db38c00197f7bba190ff13bfef1798cbc10.jpg
Will be back to par in no time.
Worth noting that during the same period BTC is down 50%, STRC has a positive total return
Worth noting that during the same period BTC is down 50%, STRC has a positive total return
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Can anyone give concrete examples of how STRC is risky ? Genuinely trying to steelman why STRC could implode.
iirc they can pay the dividend in perpertuity as long as BTC goes up by at least 2% a year on average. (as it stands now)
However, that could change if they irresponsibly issued way too much STRC tho.
But if there's too much demand for STRC & it trades above $100, they don't HAVE to issue more, they can just lower the dividend rate.
Sorry, didn't rly answer ur question...
However, that could change if they irresponsibly issued way too much STRC tho.
But if there's too much demand for STRC & it trades above $100, they don't HAVE to issue more, they can just lower the dividend rate.
Sorry, didn't rly answer ur question...
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