Peter Schiff sagt Michael Saylor, dass der Kauf von Bitcoin, während MSTR unter dem NAV gehandelt wird, keinen Sinn macht
https://www.benzinga.com/crypto/cryptocurrency/25/12/49461667/peter-schiff-tells-michael-saylor-that-buying-bitcoin-while-mstr-trades-below-nav-makes-no-sense
5 Kommentare
Rule No.1, don’t listen to Peter Schiff.
tldr; Peter Schiff criticized Michael Saylor and MicroStrategy (MSTR) for continuing to buy Bitcoin while the company’s shares trade below the value of its Bitcoin holdings. Schiff argued that selling Bitcoin to repurchase shares would better serve shareholder value. Saylor defended the strategy, emphasizing long-term Bitcoin accumulation over short-term equity optimization. This debate highlights differing views on Bitcoin’s role as a corporate asset and its impact on equity value, with MicroStrategy remaining the largest corporate Bitcoin holder despite ongoing criticism.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Something Schiff either doesn’t get or doesn’t want to make public is that the market bumps up a bit when Saylor injects billions of dollars in buy orders.
So not just does Strategy acquire more BTC, but the purchases help his bags stay above water too.
But yes. In a vacuum where buys/sells don’t move the market, selling BTC to buy back stock would be in shareholders’ best interest. But cmon, if Strategy’s started selling BTC it would probably spark a meltdown in the market.
nothing makes sense out there anymore
People would be buying mstr or BMNR for that matter at these prices if they thought it was a good long term investment. They clearly don’t. They are volatility tools for day traders at best.