turns out #AI actually understands “borrow money to buy bitcoin” companies like #MichaelSaylor's #MicroStrategy / #MSTR perfectly
#finance #economics #bitcoin #BTC #crypto #cryptocurency #STRD #STRK #STRF #STRC #grok4president
turns out #AI actually understands “borrow money to buy bitcoin” companies like #MichaelSaylor's #MicroStrategy / #MSTR perfectly
#finance #economics #bitcoin #BTC #crypto #cryptocurency #STRD #STRK #STRF #STRC #grok4president
this is an actual slide from a real presentation a few months ago by the king of the “borrow money to buy bitcoin” companies #MicroStrategy / Strategy / #MSTR
#BTC #STRD #STRK #STRC #STRF #bitcoin #crypto #cryptocurrency #saylor #michaelSaylor #pyramidscheme #scam #economics #econ #finance #stockmarket
Michael Saylor, the king of the "borrow money to buy #bitcoin" crew, has launched yet *another* new stock ticker to facilitate his ponzi scheme - sorry, i mean "bitcoin yield strategy".
this time it's #STRC and he's coming hard with the meme game (which is his only game - a few years ago he said MicroStrategy was going to become a bitcoin technology company but they've never released - or even announced - any bitcoin related technology).
in other unrelated news Michael Saylor bought another $700-800 million worth of bitcoin with borrowed money last week just as the price went up.
#MichaelSaylor #MSTR #MicroStrategy #crypto #finance #economics #cryptocurrency #STRK #STRF #STRC #STRD
the "borrow money to buy bitcoin" industry summarized in one image:
https://x.com/DzambhalaHODL/status/1940916889880088915
#crypto #cryptocurrency #microstrategy #MSTR #STRK #STRF #bitcoin #uspol #finance #economics #stockmarket #bitcointreasury #meme #memes
#MicroStrategy borrowed another billion dollars to pump #bitcoin, mostly with their new funny money stock tickers #STRK, #STRF, and #STRD (they're multiplying like rabbits).
Good overview of the insanity that is #MichaelSaylor's "buy billions of dollars worth of bitcoin with borrowed money" approach to financial engineering.
> "If #MicroStrategy's strategy is so brilliant, why isn't every company doing it? Should Apple stop making iPhones and just convert its cash to Bitcoin? Should Coca-Cola abandon soda production and become a Bitcoin holding company?"
https://basedtoschi.substack.com/p/inside-microstrategys-bitcoin-pyramid
#GameStop will be “investing” some of the $4.6 billion cash pile it accumulated by dumping #GME shares on retail apes (who are tbh significantly dumber than crypto bros, which is impressive) into bitcoin.
This follows #MichaelSaylor of #MicroStrategy's entreaties to the company a few weeks ago, because pretty clearly Saylor’s #MSTR / #STRK / #STRF ponzi scheme is running out of steam and he desperately needs other people’s money to prop up the scam.
https://www.coindesk.com/markets/2025/03/25/gamestop-to-add-bitcoin-to-balance-sheet
FT Alphaville weighs in on #MicroStrategy's bizarre new "strife" (#STRF) bitcoin accumulation strategy.
> "#MichaelSaylor has pitched it as a way to tap into the vast pool of fixed-income investors who generally prefer stability and predictable returns. Yet Strife offers neither. It exposes investors to bitcoin’s downside (since Strategy’s creditworthiness hinges on its crypto holdings) without giving them any upside if the cryptocurrency soars. The dividend is fixed, so if bitcoin 'moons', Strife holders are left watching from the sidelines. It’s like being invited to an all-you-can-eat buffet but only allowed to smell the food."
> "Buried in the fine print of the prospectus is a crucial detail: the board can suspend dividends altogether. It’s essentially a 'trust me' deal."
https://www.ft.com/content/20984de7-4a63-4919-979f-04245de33592
#michaelSaylor #MSTR #crypto #Bitcoin #StrategicBitcoinReserve
One week ago #MicroStrategy (#MSTR, the world's largest pot of bitcoins masquerading as a publicly traded company) announced they were raising $21 billion (1/3rd of the entire company) via a new "perpetual strike preferred stock" called #STRK to raise cash to pump the price of bitcoin.
Today now suddenly they are announcing they will raise money via yet *another* financial instrument "strife" (#STRF) to pump the price of bitcoin.
absolutely wild. bitcoin cannot be "digital gold" if its price depends on the solvency of a single company (which it now does)
* STRK announcement: https://www.strategy.com/press/strategy-announces-21-billion-strk-at-the-market-program_03-10-2025
* STRF announcement: https://www.strategy.com/press/strategy-announces-proposed-strf-preferred-stock-offering_03-18-2025