Michael Saylor explaining the MSTR premium

H/t: @bleighky

His reasoning that his company should be valued based on its 41.3% BTC yield (read: increase in BTC per share ratio)—$7.3bn—doesn’t make any sense. The source of the yield is leverage. You can’t value a business based on how much leverage it takes

Saylor is my quant.

Collateralizing the fixed income instruments and then creating volatility and performance for the equity instrument which feed the options instrument which create the volatility - financial engineering at its finest.

Once you truly understand $MSTR, nothing else matters

Thanks for posting this. It is a FANTASTIC explanation of what the business of MicroStrategy has become. Not easy to understand that ordinarily because it is an extraordinary business model!

If #bitcion is the most valuable asset, the company that has the most bitcoin wins. Its that simple.

Damn… it was $16 in December 22… fucking 28x 💀 I wouldn’t touch it with a ten foot pole at these prices but god damn if we get another dot com level crash or financial crisis level crash.. I’m buying a bag of $MSTR

Exposing the fiat ponzi

High Voltage Bitcoin to low voltage securities. 🔥