Mark Satoshi Reece
3.4K posts

Mark Satoshi Reece
@SatoshiReece
#BTC, #RealEstate, #Marriage , $MSTR, $MSTY I'm on here to talk about stackin Bitcion, grow my real estate portfolio, let $MSTR stack for me and I’m married!!


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

Saylor has lost it with this logic. He has now issued $10b+ of preferred stock at 10-11.5% and has capacity to issue $25b more. That means a dividend bill of $1-4b EVERY YEAR on a software business that makes no cash. He has pre-funded some of this bill for the next year by issuing common stock - but with the amount of preferred shares printed each week this is going to run out. The only option for this capital structure long term is either issuing $1-4b of common stock every year, turning off the dividend or selling BTC. This is now a timebomb.



If MicroStrategy had bought hundreds of thousands of Bitcoins on exchange instead of OTC, we’d be at $300k or so right now. Shameful.






















