BaconPDX on Nostr: To be clear: What saylor lacks is Proof of Assets, not reserves. $MSTR #Strategy He ...
To be clear: What
saylor (nprofile…3trx) lacks is Proof of Assets, not reserves. $MSTR #Strategy
He can for an extended time defer asset disclosure, and abuse his shareholders with #TrustMeBro SEC compliance and Big 4 audits.
Does he care about the common stock share price? Is he more concerned with his convertibles and the newly issued preferred shares?
Currently, MNAV is considerably above 1. When MNAV is less than 1, that is when the Market calls for On-chain Proof of Assets.
Even then, what are his priorities?
Saylor can't avoid proof of reserves forever.
$MSTR #Strategy
Published at
2025-02-24 19:38:01Event JSON
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"content": "To be clear: What nostr:nprofile1qqs2xs05tluhtr6hpgsmqqxp04898gayjlyrjlexcrndv8j6el784xqtg3trx lacks is Proof of Assets, not reserves. $MSTR #Strategy\n\nHe can for an extended time defer asset disclosure, and abuse his shareholders with #TrustMeBro SEC compliance and Big 4 audits. \n\nDoes he care about the common stock share price? Is he more concerned with his convertibles and the newly issued preferred shares?\n\nCurrently, MNAV is considerably above 1. When MNAV is less than 1, that is when the Market calls for On-chain Proof of Assets. \n\nEven then, what are his priorities?\n\n\n\nnostr:nevent1qqsw2vkklvt00cv4ez0qtew7fe553a6tdykvv7dlyj4mw9prtukshtqw5gr50",
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