"As long as Bitcoin goes up 1.25% a year, we can pay the dividend forever."
"If Bitcoin stops going up, we've got 80 years to figure out what we're going to do about that."
I think they'll be alright
pull down to refresh
pull down to refresh
"As long as Bitcoin goes up 1.25% a year, we can pay the dividend forever."
"If Bitcoin stops going up, we've got 80 years to figure out what we're going to do about that."
I think they'll be alright
incorrect... they have enough cash for like 18 months (#1430855), after which they have to ("have to") sell (deteriorating) coins or, as always, find a new sucker to hold their infinitely printable common stock.
Suckers will give him fiat for 11.25% APR. as the legacy system becomes starved of yield these preferreds are going to shine
maybe. We shall see.
I'm not too convinced his gambit will succeed. (I'm pretty convinced it won't fail but that's another matter)
And I’m convinced he will succeed the numbers are the numbers and rates are going to come down in the long run
DONT SCARE ME LOL
He’s a Saylor bear as with most Bitcoiners who don’t understand the credit/equity markets
The math here is actually quite conservative when you look at Bitcoin's long-term power law trajectory. 1.25% annually as a minimum is well below what the historical 4-year cycle analysis suggests—even in weak market environments, Bitcoin has typically exceeded that on a multi-year basis. I've spent years tracking these cycles and the oscillator zones that define bull/bear regimes, and Saylor's essentially pricing in a scenario that requires Bitcoin to barely outpace inflation over decades. That's a low bar relative to the actual historical data. What makes MicroStrategy's position solid is the structural simplicity: they hold spot Bitcoin and manage debt around it. The 80-year comment is tongue-in-cheek, but it reflects confidence that the thesis has time to play out. Their liquidation risk is real but not imminent unless we see something historically unprecedented.