Welcome back, we thought something bad happened to you I do not have msty calls, I have mstr calls and msty shares
Yeah I edited that... I've been spending more time gaming...my positions are all in at this point so nothing else to do. As far as Bitcoin, I've been saying for weeks where we're at and this video pretty much says the same thing.
mstr is much better than the bitcoin miners for example, how many bitcoin did the publicly traded bitcoin miners mined in the last quarter, combine all of them, how much were their operational costs during the quarter, i.e. electricity, infrastructure, etc? and compare to mstr just the last 8 weeks how much bitcoin did mstr acquire, at "$0 expense costs", simply selling mstr shares and last week, doing an IPO for perpetual preferred shares
I'm really not so sure about that. MSTR is starting to struggle with its offerings lately. Also, with a non-profitable SAAS business, one can argue that MSTR is just an over-priced Bitcoin ETF/fund with a bad MER. At least with the miners, you are buying Bitcoin at a discount after your pricey CapX. However, CapX may diminish due to the diversification into AI. On the other hand, when the AI bubble bursts (and it will burst), it may very well affect the miners worse than the initial stages of a halving.
Another successful mstr financial product offering, $2B plus $300M convertible debt for 0% interest Imagine if you can borrow $2.3B for 0% interest for 5 years to buy bitcoin, that's a pretty good deal, isn't it?
I have to give it to Saylor, he is some sort of genius finding the infinite money glitch. I read somewhere he owns like 7 ships, a 50 mil place in Miami, another one in DC, etc. At this point if I were him I would start to invest in longevity studies, who wants the good times to end by aging? But the coolest thing about him is this, owning this website: https://www.michael.com