🇮🇱🇺🇦JakFungujeBitcoin

“Nothing is more securely lodged than the ignorance of the experts.” — Friedrich Hayek

Daddy, I'm long 100 mil. “Iran and you had a good talk. Tell the market this.” I get out when market spikes, you then bomb. Thanks daddy.

$STRC is highly accretive to $MSTR, even though its dividend is funded through the common ATM (issuing new shares of $MSTR). Here's how it works: Strategy sells $100K of $STRC yielding 11.5%, buys $100K of BTC. They now have a $11.5K annual dividend obligation. *Five years pass, Bitcoin rises by 10x* Strategy now holds $1 million of BTC, but has only paid $57.5K to service the STRC dividend over the 5 years. ($11.5K/year * 5 years = $57.5K) That's an $842.5K gain to $MSTR shareholders! ($842.5K = $900K gain on BTC - $57.5K of dividends) Strategy now has $1 million of BTC, but the $STRC dividend remains only $11.5K per year. Strategy will fund the dividend by issuing new $MSTR common shares. Sounds bad, but the $57.5K of share dilution is small compared to the $900K BTC gain. Key takeaways: (1) The dividend payment remains $11.5K forever, but the BTC they hold will appreciate in value forever, a permanent benefit to $MSTR shareholders. (2) Over time, the dividend payment becomes inconsequential compared to the value of the BTC they acquired. (3) Perpetual preferreds like $STRC are different from debt in that the principal never has to be repaid. Note: In reality, the $STRC dividend may be adjusted depending on market demand, but I assume flat for simplicity of the math.

Můj komentář k zákonu o odčerpání majetku. Jakýkoliv procesní a právní institut musí nabízet dostatečné právní garance, aby nebylo dotčeno ústavní právo vlastnictví. My jsme respektovali odbornou debatu i připomínkové řízení, proto tento návrh za vlády Petra Fialy prošel celým připomínkovým řízením, v rámci kterého jsem ho také předložila Legislativní radě vlády, protože názor těchto odborníků má velkou váhu.