Didn’t mean to goad you. Dont take the bet. There is almost no way you can win, IMO. Saylor (and the board) have an unlimited amount of new shares they can issue to close the arbitrage (premium to NAV).
Once we peak this cycle (late 2025/early 2026) there will be massive selling pressure in the BTC proxies (ETFs/MSTR) as the price of Bitcoin does its normal 60-80 percent correction. The chance of MSTR trading below NAV during that part of the cycle is nearly guaranteed.
Once again. This is MY read. Trade as you wish.
cmad / Chris
npub1yc…nx4rf
2024-12-02 16:29:07
in reply to nevent1q…u8f5
Author Public Key
npub1ycxn4qst07x7yr6fwfe9nxd347ytpnz42n9r37tgrjxk2lsy8nps0nx4rfPublished at
2024-12-02 16:29:07Event JSON
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"content": "Didn’t mean to goad you. Dont take the bet. There is almost no way you can win, IMO. Saylor (and the board) have an unlimited amount of new shares they can issue to close the arbitrage (premium to NAV). \n\nOnce we peak this cycle (late 2025/early 2026) there will be massive selling pressure in the BTC proxies (ETFs/MSTR) as the price of Bitcoin does its normal 60-80 percent correction. The chance of MSTR trading below NAV during that part of the cycle is nearly guaranteed. \n\nOnce again. This is MY read. Trade as you wish. ",
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