Saylor: Wir werden uns refinanzieren und vierteljährlich Bitcoin kaufen
https://finance.yahoo.com/news/strategy-saylor-ll-refinance-ll-154616086.html?guccounter=1&guce_referrer=YW5kcm9pZC1hcHA6Ly9jb20uZ29vZ2xlLmFuZHJvaWQuZ29vZ2xlcXVpY2tzZWFyY2hib3gv&guce_referrer_sig=AQAAAK1S2yNEx0StagqIZqbEhB4GCcjFeCKJ04OT2LHKMnJp8pwJwpmGhUOCkOvuz1Y4H8SErVwjk4Xn0KbPY0C2j1Ce7F1Z7Oa-dwswc7vm96MG-uCkP8p32dFi62-aonIKl9dNWuR0mzCzbVBYcVuol2zvKPK7ciCypr-nyYVTpP5W
7 Kommentare
Death by thousand cuts
tldr; Strategy CEO Michael Saylor stated the company plans to refinance its debt if bitcoin’s value drops significantly and will continue purchasing bitcoin quarterly. Despite concerns about credit risk and bitcoin’s volatility, Saylor expressed confidence in the asset’s long-term value. Strategy holds 714,644 bitcoins worth approximately $49 billion, making it the largest corporate owner of bitcoin. The company has sufficient cash reserves to cover dividends for two-and-a-half years and remains committed to its bitcoin strategy.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
MSTR is now trading at a discount to NAV.
If the gap widens enough, aren’t they a hostile takeover target?
Why would anyone loan Saylor money instead of just raising funds to takeover the company, instead?
New owners declare bankruptcy, stockholders get crushed, dividends cut, bondholders are offered pennies on the dollar, new owner keeps some fraction of the BTC.
>*If Bitcoin falls 90% for the next 4 years we’ll refinance the debt.*
>Refinance where, Michael?
>*We’ll just roll it forward.*
>You think banks would lend to you at that point?
>*Yeah, because the volatility of Bitcoin is such that it’s always going to be valued.*
We can just roll all our debts forward to buy more and more. The one trick banks don’t want you to know.
While he lobbies to prohibit self custody except through the Bitcoin Bank he wants to open. This guy is a clown.
The crash when MicroStrategy goes under will be a once in a lifetime buying opportunity, though. So at least he’s doing us that.
Buying the top, the middle, and the bottom is certainly one way to handle a cycle.
There’s just a team of bots that follow these Saylor posts with the dumbest fucking FUD
Hopefully not too big to fail!