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dpark / David Park
npub189x…yrkg
2024-04-27 03:31:31

dpark on Nostr: #MSTR ‘s volatility is a feature not a bug. saylor describes buying bitcoin as ...

#MSTR ‘s volatility is a feature not a bug.

saylor (npub15dq…lm5m) describes buying bitcoin as putting a “crypto oscillator” or “crypto engine” onto the balance sheet.

With such a large #bitcoin position, the crypto economy drives the volatility at #MSTR
- this volatility is driving the equity
- the equity is driving the options
- the options are driving the arbitragers
- the arbitragers are providing unsecured, almost interest free capital
- the capital is then used to reinvest into #bitcoin for the benefit of shareholders
Author Public Key
npub189xvm6rtgwz0cct3fedal9vdqcwzq6pjauf8jq038rwt9nvad8lq8pyrkg