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11 sats \ 2 replies \ @freetx 19h \ parent \ on: The end of the MSTR party? bitcoin
No one buys a stock with the expectation of access to the contents of the company's treasury
Then what are you buying?
If you think the price of BTC is going to rally, MSTR might rally even more.
well.....the price of MSTR is already below NAV, so what will BTC rallying do it? Maybe it rises at 0.9x NAV?
Imagine I sold you "shares in a gold mine" but I made it clear there was no possible way you would ever be allowed to access the gold, in fact I forbade you from even looking at it...would you do it? If so, I have a gold mine to sell you.
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5 sats \ 1 reply \ @brent 1h
People buy stocks for NGU
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0 sats \ 0 replies \ @freetx 37m
...ultimately stocks are a bigger fiat than "fiat".
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