ODELL's avatar
ODELL
odell@primal.net
npub1qny3...95gx
partner - ten31 cofounder - opensats + bitcoin park founding board - bitcoin policy institute
ODELL's avatar
ODELL 3 weeks ago
selling stock to buy bitcoin is not income image
ODELL's avatar
ODELL 3 weeks ago
“these companies can borrow money to buy bitcoin at much cheaper rates than you or me” image
ODELL's avatar
ODELL 3 weeks ago
is this a good idea or a stretch? image
ODELL's avatar
ODELL 3 weeks ago
i think strc probably pumps the fuck out of the coin but has more risk than people admit, especially long term, and hopefully it does not blow up in all our faces seems like a lot of things could go wrong if a bunch of degen products are built on top of a high dividend paying stock that is funded by selling a different stock that is itself a leveraged bet on bitcoin, but maybe thats a stretch
ODELL's avatar
ODELL 3 weeks ago
the controversial opinion that businesses should be profitable
ODELL's avatar
ODELL 3 weeks ago
blockfi was a scam celsius was a scam luna was a scam but strc is basically the iphone image
ODELL's avatar
ODELL 3 weeks ago
11.5% is a higher return than madoff promised
ODELL's avatar
ODELL 3 weeks ago
strc yield is paid by selling mstr stock to retail it requires btc to keep going up, which is likely and mstr to trade at a consistent premium to btc holdings, which is a billion dollar question mark