RE: LeoThread 2025-05-20 16:37
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If Saylor thought Bitcoin was going up forever and wanted as much as possible, he'd buy quietly.
If he wanted everyone to have Bitcoin, he'd give it away, like Roger Ver did.
He wants to both buy and scream to everyone about buying because he wants everyone to artificially pump his bags.
Either MSTR or BTC holders, or both, be careful to not become exit liquidity.
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it's not possible for him to buy quietly...LoL
I guess it's not about wanting more bitcoin.. it's about sending message
He's been a guy who thinks long term, 10 years ahead.
Send a message to pump the bags and his own reputation.
Yes.
Although the main threat, imho, is the whole "Strategy B" $BTC stack being seized by BlackRock - eeerr, sorry: the US Treasury. Well, they'd purchase it with a big discount, as they did with physical gold in 1933.
That's the risk for all custodial Bitcoin.
Yep, finally got out of my MSTR positions and moved on to other stocks for selling options. All my BTC goes into XMR, which is the best performing asset YTD.
I don't fault people for buying MSTR as long as they understand the casino game they're playing.
Oh I do understand, that's why I wanted out of the position. Sold a couple of puts that went the wrong way and had to ride it for a few months, ended up taking a bit of a loss, but that just offset the premiums I earned from selling the options on it.
I am not one that cares about social opinion when it comes to what I invest in.