No mention how this was done. Most likely was a sale or additional issuance of common stock. Just a reminder, wherever you sit in the MSTR capital stack, you are being arbitraged to allow the company to buy more Bitcoin and allow Bitcoin to outperform you.
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plebiANON
plebianon@nostrplebs.com
npub13q8e...6vpv
Bitcoin pleb
God humbled me AGAIN this week. It’s been 6 plus years of destroying my pride, and sadly I’m gonna have to learn more lessons until he flushes it out of me. A nice in my face reminder that everything I have is from him. I’m not smarter or better than anyone. Message rec’d Lord.
Bumped post. Barbacoa night. #foodstr


Barbacoa night tonight. #foodstr
Bear Grylls should do an episode as a bitcoiner.
I can’t even watch stuff like this anymore without insane triggering. And 99% of the people around me are doing this like 70 times before their kids goes to a state funded indoctrination camp.
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Finally did it.


Been a horrible 48 hours and no one close to me even lost anything. For those that think it’s awesome, or chiming in with their, “I knew better because hindsight”, I will pray for you. In the interim, here is a picture of a delicious steak I took out of the freezer before this whole fiasco. #foodstr


There are some very dark souls with some very dark projections.
Watching people gloat over this failure to satisfy their own vanity is sad. Sometimes you just don’t have to say things. No one in Bitcoin should ever want anything like this to happen.
Has anyone ever gone to jail after a congressional testimony? How could anyone care about this theater?
I had a cash emergency pop up when the buyer of our condo couldn’t get a clear to close from some third rate mortgage company he decided to use. At the same time, we had a contract on a new home that we were purchasing that was supposed to close after that sale, but now we were in a position where we could either close on the new home without the cash from our condo sale, or lose the home back to the market. We decided to close on the home, but it required borrowing cash against our Bitcoin for 3 weeks, or selling our Bitcoin. We decided on a very low LTV and borrowed via @strike . I will admit, that I didn’t love the scenario, but the ease of the process and the team at Strike were incredible throughout. They even let us close our loan early when the condo sale finally happened. I can’t say enough good things about the Strike loan product. Sadly, sometimes Fiat gets in the way of life. Thanks to @jack mallers and team for building a tool to bridge the two worlds.
This is not an endorsement of borrowing against your #bitcoin . Frankly, I recommend against it. However, it was the best option for us at the time, and props where props are due for the incredible product and service offered.