Thread - Nostr Hypermedia

Saylor used to refer to MSTR as essentially a 2x leveraged play on BTC. Call me crazy, but it seems to me that this result is inevitable for a 2x leveraged play on an asset that at best has been moving sideways. PS. I haven't heard Saylor refer to it as a 2x leveraged play in many months. Go figure.

↑ Parent

Replies (1)

Kevin's Bacon kb@mynostr.com 6 months ago

He hasn't referred to it that way because it's a very imprecise way to think about it. That's not essentially what it is. It's common equity in a company that produces goods and services and has potential to earn more bitcoin. That's it.

↑