MSTR

Hot-Temperature571

I’m balls deep in FIG $100 calls and MSTR $200 calls

snek-jazz

I bought MSTR at $14 in the last bear market, when there was as many obituaries as there are for it now. Bitcoin bottomed out at 16k then. MSTR, which is apparently dead, is at $100 today, bitcoin is at $63k. The peaks since then are even more asymmetric. MSTR is more volatile than bitcoin, that was the reason to buy it.

snek-jazz

long time bitcoiner and MSTRer here. STRC is a more compelling approach. It's basically a carry trade. The general idea is you provide different risk/reward profiles backed by bitcoin. So buyers have the following options - spot bitcoin/ETFS will perform as bitcoin does. - STRC, lower volatility than bitcoin, steady income stream. - MSTR more volatile than bitcoin, amplified returns (or losses). Because if bitcoin outperforms STRC obligations in the long run the excess gains accrue to MSTR (typical bitcoin bull market scenario). If bitcoin is underperforming it they effectively lose out to keep obligations paid (what's happening now because bear market). And you might say well they can't do the above because it's too risky, they might run out of funds to fund the obligations in a bear market, and that's where having an absolute massive stack of bitcoin in the first place is part of what makes it viable. You might also say, well I think bitcoin is worthless in the long run and going to zero. Ok, in that case none of the above are for you, find something else.

TipEmpty8429

MSTR, WEN, MSFT, ORCL being green just sums up this fucked up market

JimmyMcTrade

Damn it. Why is MSTR not crashing faster? I love watching it fall.

Non-mon-xiety

I just need MSTR to take a big fat dump and I’m having a really good day today lol

Comfortable_Goal9110

I'm really tempted to switch my positions to SOXS... So I'm certain that all semi conductors will come back strong today as a result. (i'm personally responsible for making BTC and MSTR turn around when i shorted them)

PowerDreamer2493

I haven’t touched options in months and I copped MSTR calls last week. It’s time.

TrainingQuail543

Nah, MSTR was at something like 70% of the value of the bitcoin they owned in 2022. You were basically buying Bitcoin at at 30% discount. That absolutely made sense. Also depending on the tax laws depending on your country it could make sense. Thats not to say that its better than buying BTC in general. Its not. But in some scenarios it makes sense.

pseudonominom

Yeah.. I’m disappointed at the never-ending circle jerk of BTC hatred; it prevents any meaningful discussion. MSTR’s whole thing is basically a levered bet on BTC. And it’s quite transparent. Yet everyone in here is dragging it through the mud, calling it a scam and a ponzi, or that Saylor is a criminal. If ya don’t like the product, don’t buy it. Nevertheless, we’ll never run out of salty people who were doggin’ on BTC when it was 100x cheaper than it is today. Thus the circle jerk.

beachsandwichen

MSTR had a grey day

JeremyLinForever

MSTR class of 2022 and hodling strong. Been through the 3000% gains and back, and still believe the company and hold on to the stock, but I can afford to because my coast basis is pennies on the dollar. I legitimately believe it will enter the S&P 500 once Bitcoin reaches $1m in about 8-10 years.

FuckleUp

You can buy a MSTR 1080c leap with December exp. Looooool fuck it I’m in

PhAnToM444

3x leveraged MSTR, literally can’t go tits up

FuckleUp

MSTR 200c because I’m never right

Free-Initiative7508

MSTR fucked me harder than my wife’s bf

BigJRecords

The sentiment in this thread is making me buy more MSTR. Keep it up guys. You all collectively have it figured out

eltoda

I don’t understand the souls brave enough to hold MSTR or STRC instead of just buying bitcoin or IBIT outright 🙂

Moist-Guava-732

more stocks to buy tomorrow EXC KEEL EDHL MSTR WULF IREN just watch after hours it tells the future

PaperHandsTheDip

Well - if crypto is "dead", MSTR is down like a bazillion percent and nobody cares about it anymore. Isn't that when I should dabble and maybe buy a little?

PaperHandsTheDip

Is anyone buying / holding the MSTR ponzi thing?

Outrageous_One_2967

MSTR calls

Rocket_Man54321

Rather just go WGMI since its the actual infrastructure , MSTR is just a ton of counterparty risk & badly timed selling, but i know everyones hates crypto here 🤣

Mental-At-ThirtyFive

> MSTR now trades below the value of its btc holdings and the premium that made the model work has flipped to a discount so raising fresh equity at a disc to NAV is dilutive and raising fresh debt when btc is below avg cost basis of $75,699 is expensive which leaves selling btc to service the preferred dividends as the path of least resistance and exactly what this morning's filing shows Bitcoin people remember - this why paper money is better than cryptos as a store of vale (crypto makes sense as a mode of settlement such as stable coin). More paper money can be printed on the promise of the government, say the USG - FOMC does whatever they deem necessary. This thing of strategy and bitcoin is a good real world dance of dragons show and I expect strategy to die. Strategy depends on bitcoin's price which is difficult to control unless he finds a whale (elmo?) to put the money. Bitcoin holders on the sidelines are under the shock and awe fireworks at this thing collapsing and the only belief is to hodl until it hurts. Fun. If strategy breaks, expect theta new liquidity to flow into AI

Art_Crime

To compare - If i were a financial advisor and i told you a security has a particular growth rate but did not inform you of the risks then you would almost certainly submit a complaint. In this case, this company hyped up their product and bitcoin, released the risks via SEC filing, but hyperbolically advertised the gains investors could make and did not sufficitently inform less astute investors of the actual risk here. While we could split hairs and argue about if those investors should have done their due diligence, to me, the onus is on Strategy to really inform investors of the volatility and highly speculative nature of bitcoin. While Saylor did state risks in interviews they were comparably downplayed to how brazenly they describe the benefits of MSTR.

Art_Crime

To compare - If i were a financial advisor and i told you a security has a particular growth rate but did not inform you of the risks then you would almost certainly submit a complaint. In this case, this company hyped up their product and bitcoin, released the risks via SEC filing, but hyperbolically advertised the gains investors could make and did not sufficitently inform less astute investors of the actual risk here. While we could split hairs and argue about if those investors should have done their due diligence, to me, the onus is on Strategy to really inform investors of the volatility and highly speculative nature of bitcoin. While Saylor did state risks in interviews they were comparably downplayed to how brazenly they describe the benefits of MSTR.

Significant_Speed854

MSTR green? wtf

declanpalmerston

The real question isn’t whether they sold BTC, it’s whether the capital market's engine can keep funding itself. If MSTR continues trading below NAV, issuing equity becomes far less attractive and BTC sales become increasingly likely. The key variable isn’t Bitcoin’s price alone it’s whether the stock can regain its premium

rabbit-guilliman

This lady did a really hilarious interview with Michael Saylor where he said a bunch of incomprehensible crypto bro bullshit and then when asked about how much money he was losing with MSTR, he was like "oh we'll just refinance". She then made a really confused face and was like "refinance where, Michael?" (no bank is regarded enough to give this guy money) and you could just watch the crypto bro die inside on live TV. So now everyone posts her going "refinance where?" whenever he loses more money on bitcoin

KanishkT123

Again, we're not on opposite sides of this being a super speculative and insanely volatile stock.  But at least a good percentage of people genuinely did probably buy MSTR knowing it was basically a proxy for buying Bitcoin, and they wanted Bitcoin exposure without needing to deal with other types of hassle. This was the original reason for buying MSTR, though yes, it is now in a fundamental death spiral. 

carsonthecarsinogen

Madoff used fraud to hide the truth. Saylor is using completely legal and transparent traditional finance methods to scam banks out of fiat and buy BTC with it. Can’t speak for MSTR “investors” but the only way this flops is if trad-fi or BTC flops. Madoff flopped because it was all fake.

Freshrichcoffee

I don’t understand why this sub is so hard on MSTR. This is a sub for degenerate gamblers, and if there was ever a degenerate gamble….

Brilliant_Object_847

Why is MSTR green?

SirGlass

>but it explains some things like why MSTR had a market value greater than NAV when it didn't do anything except hold one single asset with a market defined value. No it doesn't really. I really doubt there was a lot of people saying "Man I want bitcoin exposure in my IRA, so I will buy MSTR" Thats just a rational way to try to explain irrational behavior People were speculating on it pure and simple .

KanishkT123

I mean, it doesn't explain everything but it explains some things like why MSTR had a market value greater than NAV when it didn't do anything except hold one single asset with a market defined value. Of course there's irrational behavior but convenience also explains other ETFs like GBTC

VellyJanta

Can’t believe MSTR was my best pick on calls

Freshrichcoffee

I agree it’s good news for MSTR, but for BTC itself, it’s bearish. It’s a new source of supply. Seeing BTC rally inspite of bad news is the strongest bullish indicator I look for.

pixelsteve

Last time I saw a MSTR shitpost on WSB the stock was at $80, now it's at $104?

kemar7856

$MSTR, announces it has sold has sold $216 million worth of Bitcoin "to fund dividends."

MatasHD

lets get MSTR back to 500 eow

KanishkT123

Bitcoin and crypto maximalists fundamentally have no answer to the question of "what happens to everyone else?" Like, okay, if Bitcoin is the global currency and only a few thousand people own it, what happens to everyone else? If MSTR controls 14% of Bitcoin, what happens to all the other countries with guns and infrastructure? What happens to the people who tangibly grow things and don't want to deal with some weird 27 word USB stick?

KanishkT123

Even if you believed in Bitcoin it made very little sense to invest in MSTR over investing in the asset directly. There was a convenience premium, but if you believe in Bitcoin, that's a temporary premium at best because eventually everyone will use Bitcoin and so it will be so easily accessible that there will be no convenience upside at MSTR. Again, Bitcoin believers fundamentally have self-contradictory worldviews. 

AllCapNoBrake

Now think of the people who bought IBIT/MSTR/ETH to do the same https://preview.redd.it/4dtz5exsrmbh1.jpeg?width=32&format=pjpg&auto=webp&s=3375faf6720eb60b09b2377c9debd09ce495157e

FreshMix4305

Will 100 MSTR puts print this week

Exotic_Attorney2524

I’m gonna buy OTM calls on MSTR, that way I can write it off on my taxes as a charitable donation.

OK_Computer10101

I finally watched Hail Mary Project because I refuse to pay for a Ryan Gosling movie… it was good, whimsical, not what I was expecting… but does anyone know how the Chinese and Russian astronauts died? Did they buy MSTR and BMNR last summer?

cbusoh66

SPCX may be the biggest Ponzi scheme yet, possibly bigger than MSTR Data centers in space my ass, man how he pulled that stunt and the media parroted such nonsense

RevolutionaryPhoto24

Regarded strength, haha. (I may add some MSTR today if it dips harder.)

Potential_Jello6520

On MSTR puts

AerieZealousideal330

*He did. He's walking (Sailing) away with millions and leaving the MSTR in shambles.*

MatasHD

MSTR ftw

Mean_Office_6966

MSTR

Snowman33001

Why yes ber, I will sell you that MSTR put.

Javardo69

Insane how there are still dumb fools buying MSTR.

Spoliationcomplation

MSTR to $5 as Michael sails away into the sunset with all your money

cm1430

Isn't this concerning though? MSTR buys are always at the highs of the week and his sells are at the bottom. It is showing how illiquid BTC when buying or selling 1000s at a time. He was also just buying 2 weeks ago at a higher price. It make no sense to buy and sell btc on a 2 week time horizon. I would bet he is getting pressure from his bond holders(not strc) to reduce leverage. If btc keeps falling they may go into a death spiral. I am waiting for this to happen to go long btc

dabblesest

Lmao MSTR, haha even

vermilli21

People buying MSTR thinking Michael Saylormoon is playing 5D chess 🤡🤡

jamieperkins9999

MSTR 😂

Alexx_alexx1313

MSTR bankruptcy is imminent

Ok-ChildHooOd

Lol it'll be funny if MSTR liquidating is what ends BTC

Commercial_Seat_3704

MSTR lmao

Quick_Lawfulness7501

So calls on MSTR and ADBE in October

Sea-Animator4250

bitcoin is so fucking ghey. I wish MSTR executives would go bankrupt

MyNameMightBeAmy

MSTR ~~calls~~ puts

noobletato

Go higher MSTR so I can buy cheap puts

BarbellPadawan

Permabears dumb but less delusional than MSTR bulls

Snowman33001

What do you MEAN you didn’t buy MSTR last week?!

mneymaker

I took a really small lotto bet on MSTR 220 x 150C expiring on 07th August It might print hard after all

FinePerformance1046

There’s no way buying MSTR on Thursday was an intelligent financial decision

ImWellEndowed

Is MSTR back on the menu or what boys?

meatslap1

What are your thoughts on $50 Jan 2027 MSTR puts, just sunk like 10k into that

MyNameMightBeAmy

MSTR calls

LegitiemePoster

MSTR will get a big runup

Successful-Web6033

Nice. So, going into tomorrow, would you rather own Puts or Calls on MSTR?

Sad_Principle_2531

MSTR CRCL NFLX. All going to bounce big by end of year IMO

IvoryTowerResident

agree i picked up someone MSTR thursday at open

swampassOG

MSTR volatility tomorrow is going to turn Saylor straight

Successful_Car1670

I’m short MSTR so one of us will be

lasooch

MSTR is bound to collapse sooner or later, the only exception is if BTC keeps growing at a reasonably fast pace and without big deeps/prolonged stretches of trading sideways. And BTC has zero intrinsic value, so it's unlikely to keep growing at a fast enough pace indefinitely, even if I wouldn't be surprised if we saw it go back up again for a while (people are stupid). It's even worse than just not enough liquidity (like, there is technically enough liquidity to sell all of it in a short time frame, but it would make the price *plummet*). Part of it is that MSTR is kind of load bearing in terms of market confidence in BTC, what with them holding like 4% of the total supply and also having made it a big part of their marketing to *always* buy and *never* sell. So them selling is very likely to trigger a lot of other sales (so that they can cash out before MSTR selling crashes it). It's a ridiculous "strategy" (hehe, pun) that never made any sense but as long as you find enough idiots...

Elegant-Speaker5825

Wow this just lit a lightbulb for me. There’s really not enough liquidity for him to sell all his bitcoin huh? Like it actually would go down disproportionately fast even if it just a small amount relative to its market cap? So he literally can’t sell all of it or it will go to 0, and bring MSTR down with it. But if he can’t pay his liabilities and dividends, he has to sell. Or he can just dilute MSTR right? If he can dilute MSTR shares infinitely to pay dividends, then what happens?

AdCritical5383

MSTR bol gang are the new BBBY gang.

BarbellPadawan

Imagine being an MSTR bull. I feel legitimately sorry for them.

EquivalentMobile7883

MSTR going to 150

Icy-Dimension2914

Your math's a bit off. It's 62900 rn and was 61500 or so at close, so more like 2.3%. Even if you choose to ignore that, MSTR's at 106.8 right now on perps, which is more than 5% up from close.

Icy-Dimension2914

MSTR is just amplified BTC and BTC will almost certainly be a couple % up from Thursday's close so you can expect \~5% gain at open in MSTR

opsqttt

Why would MSTR go up much? BTC already coming back down

Icy-Dimension2914

Bets on what goes up most on Monday - MU, SNDK, or MSTR?

SuperNewk

MSTR STRC and MSTY Looking for a 100x in a few months on each

FinePerformance1046

first weekend as a MSTR stock owner, how often does BTC completely reverse after a weekend trend and fuck you?

IvoryTowerResident

as a new MSTR owner, very welcomed

GrossFleshSack

It's not like he personally owns the Bitcoin MSTR is buying..

Downtown_Survey4701

This is NOT worse than the people who bought MSTR at the peak

opsqttt

Brother i owe fidelity 26k shares of MSTR on market open. Got assigned $100 cc’s naked

Snowman33001

Idk the percentage chance I’m just saying I’ve seen shit like that happen with it many times. And weekend volume is generally way lower so you never know. I’m long MSTR also so I’m biased. Just shares, no options. Although I have sold CSPs on it before.

opsqttt

Like 10% chance? It’s still mooning lmao. Such a huge loss coming monday when MSTR opens

LegendKiller911

Same with MSTR lol. They were extremely bullish on it since a year ago.

tragedy_strikes

How much has MSTR been selling?

SuperNewk

MSTR over 107 in 24/7 trading. Can we get a 130+++ Monday

trent_upscale

MSTR pump 8pm tomorrow night Tell your step-sister