Replies (13)

Evan evan@undeveloped.space 6 months ago

Warren Buffett down bad

nobody 6 months ago

Treasury companies are gay

2 replies ↓

Marc Kat marc@primal.net 6 months ago

That actually makes sense now that you put it that way. The thing is, it still goes against the "...without going through a financial institution" ethos. I think I'm too autistic to invest in Strategy. Do they use multi-institutional custody or just trust Coinbase with SSS?

1 replies ↓

Arthur Morgan jimjones@minestr.app 6 months ago

Was waiting for this release. Hahah

Arthur Morgan jimjones@minestr.app 6 months ago

This is the brilliant insight I'm here for!

Arthur Morgan jimjones@minestr.app 6 months ago

They don't publicise it afaik. But it's spread between a several different US based custodians. This unknown is one of the prices you pay for potential higher return than btc.

Devin Cox 6 months ago

What do you think is a fair market cap for Strategy right now?

Marc Kat marc@primal.net 6 months ago

Trust, don't verify.

1 replies ↓

Arthur Morgan jimjones@minestr.app 6 months ago

In this case, yes

Resonance Cascade The II 6 months ago

You are totally bullish on #Bitcoin, you must view treasury companies as simply harvesters for the government!

nobody 6 months ago

Look at all these retards so excited to get paper bitcoin so saylor and the US gov can stack real bitcoin.

BitLo bitlo.21m@iris.to 6 months ago

Saylor just blew it out of the water. 🤯

Clapton1062 6 months ago

So P/E of 5 is good or bad indication?