The relevant metric is sats per share, and they have a 12% bitcoin yield YTD from their treasury operations.
You said they are levered to the tits when their bitcoin holdings alone exceed their UNSECURED debt 5 to 1, so yeah, of course I assumed you hadn’t looked into it. Why else would you make such a verifiably stupid claim?
Lol yes, I’m very much familiar with their strategy, which includes selling UNSECURED CONVERTIBLE bonds among other things.
You somehow have fiat brains with the fixation on cash flow and OP brains with the myopic “not your keys not your coins” take. Money is not investment. Investments will still take place under a bitcoin standard, which will involve giving up bitcoin. Holding your own keys is not an alternative to owning MSTR shares for the same reason crude oil and gasoline are not in direct competition. We are dealing with two different things.
Strategy has no moral or fiduciary responsibilities to anyone that is not a shareholder. But even then, Strategy has done plenty to increase the wealth and purchasing power of all bitcoiners, whether they are shareholders or not. Value is subjective unless it doesn’t suit your narrative and worldview, huh?
Calling out your bad and factually incorrect takes is not “simping” for a company or saylor. But continue doubling down on the Ls 👍🏼
SHSS / DRE
npub1hh…3cz98
2025-04-25 18:24:45
in reply to nevent1q…2xrm
Author Public Key
npub1hhczaensvm77hgj4uxk804n6m9gy3hk4p6ugtgqu4vu32mjzst0s83cz98Published at
2025-04-25 18:24:45Event JSON
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"content": "The relevant metric is sats per share, and they have a 12% bitcoin yield YTD from their treasury operations. \n\nYou said they are levered to the tits when their bitcoin holdings alone exceed their UNSECURED debt 5 to 1, so yeah, of course I assumed you hadn’t looked into it. Why else would you make such a verifiably stupid claim?\n\nLol yes, I’m very much familiar with their strategy, which includes selling UNSECURED CONVERTIBLE bonds among other things. \n\nYou somehow have fiat brains with the fixation on cash flow and OP brains with the myopic “not your keys not your coins” take. Money is not investment. Investments will still take place under a bitcoin standard, which will involve giving up bitcoin. Holding your own keys is not an alternative to owning MSTR shares for the same reason crude oil and gasoline are not in direct competition. We are dealing with two different things.\n\nStrategy has no moral or fiduciary responsibilities to anyone that is not a shareholder. But even then, Strategy has done plenty to increase the wealth and purchasing power of all bitcoiners, whether they are shareholders or not. Value is subjective unless it doesn’t suit your narrative and worldview, huh? \n\nCalling out your bad and factually incorrect takes is not “simping” for a company or saylor. But continue doubling down on the Ls 👍🏼",
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