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11 sats \ 4 replies \ @ZezzebbulTheMysterious 1 Dec \ parent \ on: Swan the new FTX this cycle? news
Do you really believe this? MSTR is already 2x FTX, at public markets vs funny evaluations. Maybe FTX was really worth 1/4 of MSTR market cap today.
MSTR will be much larger as passive market funds start buying on a regular basis. If it blows up, it’s going to eat a bunch of the worlds passive (eg: retirement) funds, not just degen FTXers.
What’s the risk here?
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32 sats \ 0 replies \ @Shugard OP 1 Dec
I just hope I have plenty of popcorn on hand when this all kicks off!
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11 sats \ 0 replies \ @Jon_Hodl 1 Dec
Saylor doesn’t have the keys. Coinbase does 🔑
The greatest rug pull is yet to come.
I hope I’m wrong.
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0 sats \ 1 reply \ @joda 2 Dec
It will be a long time before any individual pension funds etc has significant MSTR exposure-- probably never. What board is going to put even 5% into what is known to be a high-risk Bitcoin proxy?
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0 sats \ 0 replies \ @ZezzebbulTheMysterious 2 Dec
Oh, i disagree. It’s the pension funds and insurance companies that are eating up the convertible debt. They are buying 0% bonds, with a major equity upside. Watch.
The QQQ inclusion notification is pending too…
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