Printer where to even begin this mess. It's a multi front catastrophe that Saylor has created with MSTR.
He sells common stock every week regardless of the stock price thus driving insane shorts on the company. All to buy more btc that is not helping at all; moreover, he treats shareholders as a piggy bank. If that's not fraud, I don't know what is.
He's custody MSTR treasury with Coinbase and Fidelity. These two players then allow private equities aka Jane Street or Cantor Fitzgerald to gamble with the balance sheet (not the bitcoin but the balance sheet) in the futures market. Thus driving down the fiat price of bitcoin. If he was serious about this; he would change custodians or figure out how to hodl the treasury privately.
He's tapping into the debt markets with virtually no cash flow to pay it off. At some point this will all blow up in his face...
I can go on and on but you get my point lol
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Even more discounted bitty at some point then. Fucking Saylor
Fucking Saylor indeed lol
He's a Blackrock proxie; so mstr may go bankrupt but Blackrock will scoop them all out. At a steep discount of course. Pennies on the dollar
Sounds like a ponzi scheme. I'm sure they call it something more sophisticated like high yield investment strategy lmao
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Yep that pretty much sums it up.
Are there any holes or misconceptions in my analysis? 🤔
Sounds right to me
Criminals in Wallstreet
No lies detected, lol. The only good part is that if he blows up it almost has to involve some sort of reserve crisis at either custodian (my bet is on the bald guy) which would mean clownbase goes boom and then we might get some really juice prices for a short little while. A man can dream, haha.
Perhaps so!!! But the bald man will get bailout by the fed lol