
Chris Adcock MD 🍊💊
5.1K posts

Chris Adcock MD 🍊💊
@docstacks
doc by day, BTC by night 🚀 Long $BTC $MSTR 📖 #StudyBitcoin. not financial advice not medical advice. tweets are my own building: https://t.co/F4SkPBZovm







I think when Bitcoin starts going up, @Saylor will keep issuing $STRC to buy more BTC But he will no longer have to sell $MSTR equity to keep amplification at 30-40% because the denominator is going up Amplification = (debt + pref)/(Bitcoin holdings) If MSTR sells shares of STRC: Debt won't go up Pref goes up Bitcoin holdings also goes up But the current stack grows massively as the price rises (762,000 BTC stack means the stack grows $762M for every $1,000 BTC goes up) So if MSTR wants to keep its amplification at 30%, every $1,000 increase in Bitcoin's price means they can issue 229M of STRC without issuing more shares of MSTR Am I thinking of this in the right way?









You weren’t meant to live an uncomfortable life. $STRC

























