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61 sats \ 7 replies \ @siggy47 OP 1 Nov 2024 \ parent \ on: Best Arguments Against This Guy? bitcoin

Remember, though, all his "bitcoin shitcoins" will appreciate at bitcoin's hurdle rate, unless Saylor blows himself up. The ETFs are tracking bitcoin's price.

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43 sats \ 6 replies \ @grayruby 1 Nov 2024

Not necessarily if you are trading them. Most traders don't outperform simply holding. Especially after paying cap gains tax.

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43 sats \ 4 replies \ @grayruby 1 Nov 2024

Also with MSTR, I don't know what the market cap to Bitcoin holdings is now but it was something absurd like 3x a few weeks ago. So MSTR can definitely underperform.

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40 sats \ 3 replies \ @Bell_curve 1 Nov 2024
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21 sats \ 2 replies \ @grayruby 1 Nov 2024

Handy.

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40 sats \ 1 reply \ @Bell_curve 1 Nov 2024

nav premium is 2.668 right now

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0 sats \ 0 replies \ @grayruby 1 Nov 2024

A bit less than I thought. I thought it was around 3 but I will stick with 70k bitcoin instead of buying 186k Bitcoin via MSTR

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61 sats \ 0 replies \ @siggy47 OP 1 Nov 2024

Yeah, that's right. I don't have the trader mindset. He seems to be completely confident in bitcoin 4 year cycles, and expects another long bear in a year and a half or so.

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