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48 sats \ 5 replies \ @Undisciplined 4h \ on: Strategy is Flailing for a Way Out (Financial Times, Craig Coben) econ

If the mNAV drops well below 1, why can't Saylor just reverse the normal trade and sell less bitcoin for more shares?

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61 sats \ 3 replies \ @denlillaapan OP 4h

What Solomon dude said.

Corporate/financially, absolutely he can. Imagine the PR disaster if he parts with a single sat

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54 sats \ 1 reply \ @btclawyerguy 1h

I have a theory that if Wall St knows he would sell, then MSTR would go higher

Obviously better tested at ATH than bottom

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0 sats \ 0 replies \ @Undisciplined 1h

I think so too.

If you believe in the accretive dilution concept and are bullish on bitcoin, then that should be a plus.

If you don't believe in those two things, then why the hell would you buy MSTR?

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38 sats \ 0 replies \ @Undisciplined 4h

Seems easy enough to spin. Running it either direction is accretive, so he can just say that his goal is maximizing bitcoin/share.

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48 sats \ 0 replies \ @Solomonsatoshi 4h

Because hype does not work well in reverse.

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