ThePunisher

The people on this app criticizing the idea of Strategy selling Bitcoin to cover STRC dividends are just so unbelievably stupid and misinformed, because they literally don't want to take the time to run the math. Selling a little bit of Bitcoin while remaining a net buyer is an incredible idea, because it takes away the already idiotic ponzi attack vector. STRC investors will continue buying STRC because they love the risk profile of a $66.4 billion BTC hoard appreciating at 20-30% per year, making their 11.5% yields more than economically feasible. Just do the basic math. They have $66.4 billion in BTC. $1.5 billion in annual dividend obligations. $1.5 billion divided by 12 months is $125 million per month in dividends. $66.4 billion divided by $125 million is 531.2. YES. They have 531.2 MONTHS of dividend coverage in Bitcoin. Would you sell 0.18% of your Bitcoin hoard to issue STRC shares at a rate that is currently buying you over 50,000 Bitcoin per month? Gee, selling 0.18% of my Bitcoin to increase my Bitcoin stack size by 6.5% per month! How is this even hard for some of you people? Long Bitcoin / long Saylor / long Strategy. Short the idiotic crypto bros on X whining about this.