Cathedra: 5 Sats Per share at $0.06 share price. The danger of sat per share \ stacker news ~Stacker

Disclaimer I am a shareholder of Cathedra

At time of publishing, the Company holds approximately 44.3 bitcoin worth approximately US$2.7 million and amounting to approximately 5 satoshis (or “sats”) per share.

The dangers of using sat per share for investing. Maybe for family offices and brokers who can’t buy spot bitcoin this information is useful but for retail investors 6 cents is good for 100 sats on the bitcoin spot market. You get 20x the sats with no downside risk as if you bought shares in Cathedra at their current price.

Sat per share investing is risky be careful!

You might ask well why do you own shares.*

For me it’s an alpha play. It’s a bitcoin company and they are working towards a world I wish to see. If bitcoin does great then companies around bitcoin will produce value thus rewarding shareholders. So I am a proud owner. Could I go bust? Sure but if I wanted to make more fiat money with way less risk I would just buy a blue chip stock like Google.

57 sats \ 1 reply \ @SatsMate 11 Oct

This is how I look at $SMLR . It is an alpha play.

I am fine with it going down, yes i'm a triple maxi as Saylor would say - but I think it is okay to gamble small sums on these risky plays. To each their own.