The Final Countdown

Why Buying Bitcoin Directly is Better Than Investing in MicroStrategy (MSTR) MicroStrategy (MSTR) has positioned itself as a Bitcoin proxy investment, accumulating a massive Bitcoin treasury. However, when analyzing the numbers, investing in MSTR is far from the best way to gain Bitcoin exposure. Here’s why: Bitcoin Per Share is Too Low: As of now, MicroStrategy holds approximately 528,185 BTC while having an estimated 245.5 million shares outstanding. This means each MSTR share represents only 0.00215 BTC. Stock Price Does Not Reflect Bitcoin Holdings Accurately: With a Bitcoin price of $83,000 and an MSTR share trading at $291.35, we can calculate that, for the stock price to properly reflect the BTC per share, each share should represent at least 0.00349 BTC. This discrepancy means investors in MSTR are overpaying for indirect Bitcoin exposure. MSTR Needs Over 332,800 More BTC to Justify Its Price: For MSTR shares to fairly reflect their Bitcoin equivalence at the current stock price, MicroStrategy would need to acquire 332,815 additional BTC. This is a nearly impossible feat without massive dilution or debt accumulation. Company Risks and Overhead Costs: Unlike Bitcoin, which is a decentralized asset, MSTR is subject to corporate risks such as management decisions, regulatory changes, and stock dilution. The company has frequently issued new shares to buy Bitcoin, meaning shareholders suffer dilution, further weakening their exposure to BTC. Buying Bitcoin Directly Eliminates Unnecessary Middlemen: Instead of relying on a company to hold Bitcoin for you while assuming corporate risks, buying BTC directly ensures full ownership. There’s no stock volatility, no dilution, and no management risks, just pure Bitcoin exposure. Conclusion: While MicroStrategy may seem like an easy way to gain Bitcoin exposure via traditional markets, the math shows that investing in BTC directly is a far superior strategy. It eliminates unnecessary risks and ensures that you get exactly the amount of Bitcoin you pay for, without overpaying for a corporate structure that introduces dilution and inefficiency.

An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them. The Mexican replied, "only a little while." The American then asked why didn’t he stay out longer and catch more fish? The Mexican said he had enough to support his family’s immediate needs. The American then asked, “but what do you do with the rest of your time?” The Mexican fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, Maria, stroll into the village each evening where I sip wine, and play guitar with my friends. I have a full and busy life.” The American scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.” The Mexican fisherman asked, “But, how long will this all take?” To which the American replied, “15 – 20 years.” "But what then?” Asked the Mexican. The American laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions!” “Millions – then what?” The American said, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your friends.”

Now, with MiCA, exchanges are required to share customer data among themselves whenever there are wallet ins and wallet outs. This data is shared via email. People have lost their right to privacy due to the psyop of terrorism financing, money laundering, and tax evasion. There is always a psyop to take away our rights. The European Union is nothing more than a gang of parasitic socialists.

Running Bitcoin

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Argentina x Brazil is always one of the best matches in the world.

What features do you feel are missing on Nostr? I’d love to see the ability to transfer a profile from one private key to another. What improvements or functionalities would make your experience better? Let’s discuss!

It’s cold outside 🪵🔥

Take your Bitcoin to the grave. If they weren’t smart enough to get BTC from you during your lifetime, then they either don’t deserve it or aren’t capable of using it

I came here just to lose my private key ⛵️

Trump will be known as the president who built a strategic reserve of scams.

My bathroom inspired by GitHub

633 contributions in the last year

Hi @PABLOF7z, first of all, I just wanted to say that Olas is looking great! Do you have any estimate for the App Store release? Btw the “Remove expiration” button (inside the screen for adding a new photo) is causing the app to crash on iOS.

The representation of the European Union is a dog trying to survive, but it is loaded with parasites that are trying to suck everything out of it. Unfortunately, the dog is going to die. Fuck the socialists.

My feeling every time I buy Bitcoin and send it to my wallet.

I AM HODLING