Liberty Daddy

@greggpettine @TheBTCTherapist Saylor is back on planet Earth, reality. The fact is he was heading for the biggest loss of investor wealth in history. Now, it will be in the tens of billions. Still bad, but he will make it back if he holds long enough in the 2030's

@TheBTCTherapist I think he's happy. Is he happy?

Bitcoin investors after hearing this

The orange pills must've worn off. The biggest bitcoin holder in the world finally realized MSTR was on the wrong path. The path he was heading on with $STRC was madoff-squared. But now that he has revenue generation ability the product actually makes sense. Let's see what kind of dip we get in the shares and btc as a result of this new strategy

@saylordocs Oh boy. Here comes the $BTC $MSTR death spiral we've all been warning about. And now he has to support $STRC + strc dividends. He's in over his head. How institutions like teachers' pension funds are buying MSTR at this point is crazy to me.

Michael Saylor’s Strategy MSTR to sell some of their Bitcoin Holdings 👀 "You buy Bitcoin with credit, you let it appreciate, and then you sell Bitcoin to pay the dividend."

And then he's bragging on behalf of people who used blackrock and strategy to get wealthy off their buying. He thinks all that money is staying in the crypto world. Sorry bro, it's not. All those OG whales that dumped are not coming back in above $30k. And theyre certainly not rotating into ETH anymore. That ship has sailed

@WatcherGuru “Never sell Bitcoin.” Michael Saylor, every quarter for five years. Now: sell Bitcoin to pay the dividend. The thesis lasted exactly until the financing did.

JUST IN: Michael Saylor's Strategy proposes selling some Bitcoin to pay dividends. "You buy Bitcoin with credit, you let it appreciate, and then you sell Bitcoin to pay the dividend."

@U3Rldm4 @WatcherGuru At least $8.5B worth at any BTC price. The goal is not to totally crush the bitcoin market when MSTR is force liquidated. No one wants a $5k Bitcoin

@WatcherGuru it's just a matter of time he will dump all of his BTC, mark my words

@WatcherGuru He has no idea how many people are front-running MSTR to make themselves rich. If saylor starts dumping bitcoin into the market, that's not going to be good. Now the market has to digest that Saylor may be using the frontrunners as exit liquidity 😅

@WatcherGuru The part that should be alarming to people is he may have no choice but to sell some bitcoin to maintain $STRC dividends. @PeterSchiff we found out where they're getting the funds to pay the dividends. Let the death spiral begin $MSTR

@FinanceLancelot I spit my drink out🤣

Ryan Cohen arriving at CNBC yesterday.

This isn't the flex you think it is. Actually it turned out the Cnbc lady was right when this video aired. it blew up on MSTR with bitcoin collapsing from $125k to $60k. Now $MSTR doubled down the ponzi with $STRC, is desperately borrowing money at 11.5% from the bond market to keep btc propped, but I think he's going to fail, again. And we're going to be lower than $60k over the summer into midterms.

Next time someone says MicroStrategy is a Ponzi, play them this Saylor Thug Life Mic Drop moment 👀

I just want to add MSTR mNAV premium to bitcoin held shouldn't even exist in the first place. If MSTR had to liquidate their holdings there is 0% chance they receive back even 50% of what they paid for them. That's jmho. If you look at other past vehicles like $GBTC, those ended up trading at 50% DISCOUNTS to the bitcoin held the last bear market. So how does saylor attract so much money from wall street to overpay for MSTR stock?

Strategy is not necessarily selling $STRC to pay past Stretch investors. Instead what they're doing is selling $MSTR to pay $STRC dividends. Money's fungible, so you can view it as either sale is the source. So as long as institutions keep overpaying 10%-20% premiums above MSTR mNAV they can keep the scheme going. But once MSTR's stock price to mNAV goes below 1.0x then it would be highly dilutive to keep the dividends going. Thus STRC would have to stop the dividends. STRC shareholders would like get an instant major haircut when this happens (I'm guess at least 50% or more drop in STRC) Your beef is with the institutions paying such a high premium for MSTR stock compared to the bitcoin they hold. So keep an eye on that premium/discount to mNAV. We may already be maxxed out on STRC sales.

The main driver of $BTC demand now comes from fixed-income investors buying $STRC to capture an 11.5% yield. But the yield can only be paid if an ever-increasing number of investors buy into the Ponzi. The more investors who buy in, the more who need to buy in to keep it going.

So glad goyim are waking up to it. We were idolizing grifters. Chamath is another one who scorched the little guy in nearly every stock & SPAC he touched. No one talks about how Ryan made a lot of his net worth pumping &dumping BBBY (now BBBYQ) -- leaving bagholders with losses in the billions! He even posted a photo of the moon the day before he unloaded his bag. It's all a big joke to them. All these meme stocks are designed to fleece you, the average investor. Clutch your wallets tightly around them. Even bitcoin is partially like this, but not as bad because at least satoshi is not dumping (not yet anyway).

lmfao nuke GME to zero It's no longer a narrative of the little guy squeezing out the big hedge funds and fighting the man It's the man trying to push the old narrative while simultaneously squeezing the little guy for tens of billions of dollars to enrich themselves

Omg youre delusional. Dude is dumber than Jeffrey Epstein. No one knows how that guy got so much money thrown his way either. First- you're counting GME's cash TWICE in your calculation. Most of GME's mkt cap is cash. It's really a $3B Market cap company trying to buy a $50B company. SECOND- Who's going to buy $25B of GME shares? This interview is waking ppl up to the bs banking system that favors certain chosen ppl. How does a net $3B market cap company get a $20B loan from any bank for anything?? Even @elonmusk had a harder time getting that much to buy Twitter. My 9 year old wants his jacket back btw!

People fundamentally dont understand the financial system. You can leverage the combined equity value of the businesses to offer say ~ $55B with ~$10B of your own combined cash and $20B debt and $25b equity as the combined entity is worth ~$65b. One of the greatest interviews of all time. Ryan is just not having any of it haha

You wanted institutional money, you got it Bitcoin

@maina_dilemma @WatcherGuru That's Antiseptic ! How dare you goyim

@WatcherGuru I don’t know what’s going on but it is seeming to me that RC might be a little out of touch. He isn’t the supreme leader the Superstonk cultists on Reddit claim. He’s a small, strange man who is contributing to the dual-citizenship Jewish oligarchy issue at our expense.

JUST IN: "Big Short" investor Michael Burry sells all his GameStop $GME stock.

@Ingstz @AlexesNakamoto My mistake. I meant after RC pumped and dumped $BBBYQ

@LibertyDaddy @AlexesNakamoto Know better

After watching Ryan Cohen’s latest interview… it finally clicks why GameStop bought so little Bitcoin. His relationship with math is… complicated. 💀

That $12B market cap is factoring in $9B cash. So technically you're really only at $3B market cap. You're double counting their cash. The dilution would be insane. And why would a bank print up some fresh fiat out of thin air for this guy? Why do certain people get so favored? I can't think of anyone else besides someone like @elon that could pull such a deal.

@unusual_whales The math: $9.4B GME cash + $20B TD debt commitment = ~$29B. Deal is ~$55B. The other ~$26B is freshly issued GME stock against a $12B market cap. "Half cash half stock" only maths if you triple the share count.

Ryan Cohen of GameStop, $GME, was asked how the "math math's" for $GME to acquire eBay, $EBAY.

@Houseofdynamite @unusual_whales Because that would be antiseptic, duh. JEE was a moron too- No one knows how he got so much money thrown his way. hmm...

@unusual_whales Why can't these people be real people? You know they wanted to say dude are you high? You don't understand simple questions and you want to run eBay? What is going on with you, did you fall and hit your head? Why can't the media be REAL?!

@flossinbets @unusual_whales Um I don't think he was the one doing the dunking 😂

@unusual_whales CNBC has been trying to run Ryan in the ground for years. He had every right to dunk on them

@80_sruled @unusual_whales Eh GME cucks are just happy to be in the news again. But don't mention Bed bath & beyond at all!

@unusual_whales sounds like GME plans to issue tons more shares and hope the market buys it so GME can afford Ebay ie...massive dilution of current GME bag holders. Hopium is the secret sauce.