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different MSTR securities are structured
Right, they are selling lots of derivative stuff these days now, no?
in the event that things go south
That friend really bought into the idea that big crashes are now a thing of the past with the institutional interest. Probably watched too much Saylor propaganda~~
Overall, hard for me to see an upside to it all, even if I were to want to play Wallstreet games.
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derivative stuff these days now,
that's a weird definitional question. No, they're selling a lot of preferred shares (mostly STRC, which is basically a high-yield bank account at this point).
hard for me to see an upside to it all, even if I were to want to play Wallstreet games.
if you see an upside to bitcoin, there ought to be an upside to MSTR. (Basically the best steelman I can make)
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It may depend on how the different MSTR securities are structured, but you don't actually own any bitcoin if you buy MSTR, and general shareholders are gonna be the last in line to get any bitcoin back in the event that things go south. They're generally gonna have to pay back creditors, vendors, and maybe even employees, before shareholders get any of what remains.