Saylor is basically issuing a 9% APR stablecoin with monthly payments $STRC is an extremely attractive product

The more stupidity you see on coins, the more cautious you must become Still bullish but monitoring the situation

It's almost like everyone started jeeting $SOL since they've heard about Joe McCann's fund performance

The Pareto distribution in the returns of coins is a nightmare for shorts Because the top performers often end up outperforming the next cohort by 2x-5x If you find yourself shorting them without invalidation, you are in for some pain $PENGU $SPK $ZORA

Shorting new coins is a double-edged sword Down only when there is zero bid in a risk-off market But they can pump very violently once the market goes risk-on

"Why does Saylor need to issue a new preferred stock ?" He is filling the void on this chart to appeal to different pools of capital Each new instrument makes the whole structure stronger, not weaker It will take a lot of time for the market to understand all these preferred before allocating So Saylor might as well issue them and let people digest them progressively MSTR is not very levered right now. He is in a position of strength and is quietly executing his plan

Saylor is planning to raise $500M on his new $STRC preferred share, it will probably be upsized to $1bn Which will be funneled into BTC Saylor can keep clipping $500M worth of BTC a week for a very long time without even needing $MSTR to pump hard

Trying a $BERA breakout long here because why not

The people who were convinced that the mNAV premium of $MSTR should converge to 1 after the ETFs launch fundamentally misunderstand how MSTR works Funnily enough, after a 3x outperformance by MSTR over $BTC, they are still making the exact same mistake, and assuring you that the premium will collapse You've been absolutely dead wrong for one and a half year, but surely you are just one the verge of being proven right

How to blow up 101 : Holding onto a losing short. INCREDIBLY dangerous Your brain will block you from cutting it once the negative uPnL gets large enough And that's where the real trouble begins... Because the size of your losing short is increasing as you are already deeply underwater Truly a recipe for disaster And a pair trade can lead to this outcome if the short leg goes very wrong Always favor survival over anything else, anon 🫡