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0 sats \ 1 reply \ @euthymic 9h \ parent \ on: Strategy needs to pay $689M a year to not sell bitcoin Stacker_Stocks
No. Ironically, MSTR is the ponzi scheme that no-coiners claim BTC represents.
Small point: Bitcoin doesn't accrete. Accrete means to 'grow by accumulation or coalescence'. Bitcoin just rises in nominal USD terms as the currency is devalued.
Big point: the market is realizing BTC per share doesn't matter. MSTR shareholders have no claims to the underlying, and Microstrategy will never realize gains (they have stated they never plan to sell their BTC), so 'btc per share' is, at best, a song and dance. Microstrategy will also continue to issue common stock to fund their dividends in perpetuity - a disaster for MSTR holders.
This is coming from someone who held a sizeable MSTR position up until recently. Look out below.
they'll just print the money if there's a big enough economic shock. just like 2008 and covid. markets will continue to rise in nominal dollar terms in perpetuity
GENESIS