Basketball
556 posts


Bitcoin is getting close to $75K again. That's not much below @Saylor's cost basis for $MSTR. The U.S. dollar seems to be rolling over, and gold and silver may be about to start new legs up. If you have any Bitcoin, sell it now and buy gold and silver. schiffgold.com
English

I ran 1,000 random DCA simulations to purchase Bitcoin, starting exactly when Saylor began his Bitcoin reserve strategy.
All 1,000 DCA paths are profitable with an average cost base of $52k… while Saylor is currently sitting on a loss.
How is this possible?
Saylor has a negative convex trading position—something every Wall Street trader avoids. When Strategy’s shares are strong and the premium is wide, the company issues equity to buy Bitcoin—typically when prices are already high.
I’m not convinced that issuing a credit instrument (STRC) with such a high hurdle rate meaningfully improves the convexity profile.
If anything, STRC introduces a time component—Saylor is now implicitly betting on a relatively fast bull run.
That said, if we do get a strong and lasting bull run in the near future, Strategy will likely outperform Bitcoin by a wide margin.

Michael Saylor@saylor
Our BTC Breakeven ARR is ~2.05%. If Bitcoin grows faster than that over time, we can cover our dividends indefinitely without issuing new $MSTR shares. Track it in real time on our site. $STRC
English

@PeterSchiff maybe you can talk to them about buying gold since you talk about it so much
English

@PeterSchiff @saylor It’s also over $70k right after you said it won’t go past $70k
English

@saylor Yes, it's just as worthless in space as it is on earth.
English

@yhbryankimiq @elonmusk Great job you been wrong everyday , keep it up
English

Gold and silver prices may have crashed, but look at where they crashed to. Gold is still above $5,000 and silver is still above $100. These were record highs last week. Drops of 10% in gold and 20% in silver are rare buying opportunities. Don't miss out. schiffgold.com
English

@ChrisMMillas Yes what happened today is unprecedented. But so was the run up that proceeded it. So these are not normal times.
English

@yhbryankimiq Lowest iq for sure , you have been completely wrong . Even idiot can do better than your
English

@propheticBTC Interesting we were around $90k yesterday then this huge drop. I still don’t understand how is mstr buying huge amount weekly and it still drops like this . Wonder who is selling
English

Not looking good on the daily, was this a quick news flush or the start of a multi day drop? I was sure we were going higher, now the water is muddy. No change from me though, I am holding Long looking for a confirmation, 1 day down does not confirm a trend change. My bias is still higher and this is just temporary noise.

English

@yhbryankimiq Dude it’s crazy it’s 50/50 chance and you are wrong the whole time
English









