reply on: Saylor's Latest Strategy: Raising Funds to Pay Dividends \ stacker news ~econ

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Doesn't their software side make some sort of a profit? Could it be enough to prop up dividends?

Either way, buy and hold BTC still hasn't let me down, and I prefer to trade my fiat for things I understand.

yes, it does; no, nowhere near enough to pay the interest/dividend on their financial engineering products

Can I intrest you in my $VARK coin. It will pay you dividends, as soon as I dell the second batch to @Undisciplined

😎

We can use that to start the ~Stacker_Sports VARK Treasury Company.

We’ll pay for it with equity that can be converted to VARK at a future date.

...and the 10 BTC that I angel-invest fund, you won't run away with, but instead build a bitcoin-acquiring company, yes?

For 10 BTC, I will do literally anything you tell me to do.

Careful, he may well be using the new BTC=sats nomenclature. Also, he's European so you may not be prepared for what he can think of.

sounds kinky; I'm game

For sure. Our aim will be to acquire one billion sats.

Amazing. And what's the projected BTC yield?

Something something arbitrage and profits.

We all win!

YEEEES, I'm game. Gimme an address and I'll wire you 10 BTC. Excellent use case of the Aardvark brand. I truly believe in this project

Unlike the HAWK coin, for a 10 BTC purchase of VARK, I will absolutely "spit on that thang"

I'm all in on $VARK where can I buy

Last year they made a 53M negative cashflow from operating activities (i.e. the software business) according to their 10-K filing for 2024.

So do they really make a profit from the software business?

Yes, It's accounting effect from bitcoin holding I believe