Distributed Power
Energy Producer

Maintenance > Warranty. Warranty is just an insurance policy, you’d need to get internal failure rates from Kohler to know if it’s a good deal or just an upsell.

2026-01-29 00:47:08 UTC

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Yes quite easy to rent in the Midwest lots to choose from, or do yourself with a hut and auger. https://gulllakefishingcharters.com/luxury-ice-shack-rentals/ is example of low effort option, choose your own adventure though

2026-01-25 15:29:19 UTC

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Nice! Just haven’t bought recent enough, thanks

2026-01-25 15:28:45 UTC

GM masked federal agents shot a MN ICU nurse for carrying a gun, but did so only after they took it from him. Angry.

2026-01-25 15:07:01 UTC

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Love your products, maybe consider a re-occurring subscription option? Not sure how hard that is, I bought bulk but when I run out it be great for it to just show up - nice to have don’t need it

2026-01-24 00:50:32 UTC

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Sopranos, Veep

2026-01-15 14:49:30 UTC

Kendrick is my spirit animal and GNX is underrated https://m.youtube.com/watch?v=YwUQ_5iV9pY

2026-01-01 18:19:40 UTC

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🥳
https://blossom.primal.net/fdcbd89396ff150c0ff6ce3983dee277157430b9aa2afbbc1eba6a90fb9b3493.jpg

2025-12-31 02:30:02 UTC

@npub1pm5…xe07 which pay for AI is the better value for price and performance between venice.ai and trymaple.ai?

2025-12-19 02:57:34 UTC

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🤣🤣

2025-12-18 13:35:31 UTC

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🎯

2025-12-18 11:54:09 UTC

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Listen if you think BTC stops growing I concede this a a bad idea. However, their fixed costs (10.5% on $8B) are small relative to their capital stack ($58B btc) so they can bridge any market type short term. Those fixed costs are their product, so in a scenario where their prefs continue to grow rapidly as they are, they keep growing their capital stack faster than just holding BTC - this is easy to imagine if btc does 20-30 CAGR% over medium to long term. However it’s balanced by adding counterparty credit risk to operate, there is no free lunch.
I’m not saying you or anyone should invest or not, but to imply they have a risk of collapse in a growing or short term stagnant BTC market is wrong I think. Their structure makes sense relying on two key factors -> counterparty risk of operating the business + BTC going up. Either of these fail MSTR will fail too.
Thanks for the chat. 🙏

2025-12-18 02:57:29 UTC

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Fair enough that the path to get to and from $85k to next year or even further matters for a derivatives strategy. So let’s assume MSTR is completely flat in perpetuity for next 5 years at $85k, no big rate reductions to lower their dividend payments and in 2028 they need to either issue equity or sell some BTC to fund current $0.9B burn rate (and let’s assume the 5 yrs of steady above market pref returns does not attract new capital). If mNAV is below 1 they sell BTC to do for next 2 years to get to 2030 that’s 3% of holding. So what - they need a 3% rise in BTC $ price after 5 years to stay flat? I only think this matters if you think BTC will not compound 20-30% CAGR over next 10-15 years with up to 5 year periods of sideways action. They can bridge 5-10 years if they have too and they will still have largest corporate stack by an order of magnitude.

2025-12-18 01:13:55 UTC

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That’s not exactly accurate. They have $1.4B in a cash reserve 21 months of dividends to support the preferred equities. They can tap the ATM on the at preset $8B of prefs even if the prefs don’t grow. They can sell covered calls against their BTC to also generate cash if BTC stays at $85k. They have stated if it stays flat they estimate needed to sell by 2065 based on a derivatives play (I have not checked math but I think it’s closer to 2040)

2025-12-18 00:54:16 UTC

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Nah it’s $8.2B in convertible debt, or about 12% levered. This list everything on their website https://www.strategy.com/

2025-12-09 14:15:12 UTC

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Just the start unfortunately, we will need to pushback in the US RE digital IDs https://www.politico.com/news/2025/12/09/rahm-emanuel-says-u-s-should-follow-australias-youth-social-media-ban-00682185

2025-12-03 22:58:34 UTC

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Re-watched https://m.youtube.com/watch?v=MhPSl00UDVE

2025-12-02 18:58:25 UTC

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Really great conversation, thank you! Buying your book for my mom

2025-11-25 12:31:51 UTC

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https://share.google/images/2z7BjM6vFXK4yajEe

2025-11-24 21:04:12 UTC

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https://pbs.twimg.com/media/G6hccR6XQAAqyt-?format=png

2025-11-24 20:50:20 UTC

JPM attacking Strategy is a good sign they are threatened

2025-11-23 15:04:07 UTC

Capitulation is coming

2025-11-21 02:13:51 UTC

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Sounds like an opportunity for @nprofile…ua8g

2025-11-16 15:06:47 UTC

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I tried to zap you
For this post I agree with
No wallet for sats

2025-11-15 19:30:04 UTC

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🙏

2025-11-15 18:46:51 UTC

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When line of credit? Very excited for this

2025-11-11 12:16:47 UTC

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2025-10-30 15:40:46 UTC

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https://blossom.primal.net/606adbc6f791578e71cc212a6a797aedfdb34e7f0e21bb783c2315ccadc29fed.jpg

2025-10-30 11:29:53 UTC

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People need to struggle to feel accomplished and therefore alive. Removing the need for income does not change our need to struggle.

2025-10-26 14:46:32 UTC

GM https://m.youtube.com/watch?v=eJlN9jdQFSc

2025-10-15 01:16:30 UTC

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Thank you for what you do! Been waiting for this! 🫡

2025-10-12 17:00:00 UTC

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Thank you all for your education!

2025-10-10 16:49:44 UTC

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@nprofile…0953 ?

2025-09-06 21:44:17 UTC

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Low cholesterol is not a strong of better health https://m.youtube.com/watch?v=x3BzgZqFuZc

2025-09-05 13:29:06 UTC

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Domo arigato gozaimasu

2025-08-25 10:47:46 UTC

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“The actual threat is not treasury companies; it's anti-privacy regulations by governments.” As always Lyn is 🎯
#nevent1q…ety2

2025-08-22 01:48:58 UTC

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You have a wallet!!! Fantastic!

2025-08-21 15:50:05 UTC

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@nprofile…xxx2 ?

2025-08-21 12:10:53 UTC

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Why no spoiler?

2025-08-12 18:41:07 UTC

Should have stayed humble like @nprofile…v2a6 says https://www.wsj.com/finance/currencies/crypto-entrepreneur-do-kwon-pleads-guilty-to-fraud-charges-stemming-from-crypto-crash-50c032fe?mod=mhp

2025-08-08 19:05:10 UTC

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Thanks for this!

2025-08-07 01:18:28 UTC

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The one at University of Maryland is an open secret. https://www.motherjones.com/politics/2013/06/university-maryland-edward-snowden-nsa/

2025-08-07 00:33:22 UTC

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MSTR is aiming to be 2x as volatile as BTC. So margin loans to buy MSTR are 2x as bad as margin loans to buy BTC - i.e. isn’t the lesson leverage and BTC don’t mix

2025-08-02 12:17:33 UTC

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He put out another banger https://m.youtube.com/watch?v=_DH6npClQ_s

2025-07-24 06:48:14 UTC

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Bitcoin breaks this analogy with real underlying value. Also, I don’t think size of additional players or path matters, MSTR dominates total BTC supply for corporations so more buyers (via treasury co or other) driving up price is good for MSTR regardless.

2025-07-23 23:55:19 UTC

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I’d recommend this podcast. It’s actually accessible despite the name, and really touches on the problem without focusing on BTC. https://podcasts.apple.com/us/podcast/we-study-billionaires-the-investors-podcast-network/id928933489?i=1000626569266

2025-07-23 23:20:44 UTC

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What’s their background?

2025-07-17 01:34:31 UTC

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Na. Investing in companies to help the bitcoin ecosystem while using bitcoin as your hurdle rate is not a “fiat venture”. He’s following SEC laws while helping btc - we are lucky to have his brainpower in the network.

2025-07-16 16:21:06 UTC

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Great episode. Seems clear Mr. Chanos does not agree that other btc treasury co. competition is beneficial, not burdensome, to MSTR - which seems like the flaw in his argument, that Pierre nailed

2025-07-07 00:51:45 UTC

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A timely, must read on the topic https://www.lynalden.com/bitcoin-stocks-and-bonds/

2025-07-05 19:43:56 UTC

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Depends on your total stack, risk tolerance, and understanding of what Strategy is doing. Ultimately if you understand MSTR is going after a $300T market by crafting fixed income products for various pools of capital, in order to buy more bitcoin, you might see they are growing on a btc/share basis and therefore it makes sense they could beat a benchmark against BTC while the asset monetizes. This requires lots of work on top of the work to understand BTC. Other benefits too but it introduces counter party risk so hence not a singular answer.

2025-07-03 14:44:46 UTC

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Thank you!! Also you should set up a wallet, id have zapped you!

2025-07-03 01:11:24 UTC

Any good bitcoin books for kids recommendations? #asknostr

2025-06-30 18:59:56 UTC

It’s not fossil vs renewables it’s all of the above, intermittent is just as important as max capacity. Alex Epstein and Chris Wright are wrong and the market will prove this so I don’t really care but what is NOSTR for if not to yell contrarian opinions into the void.
“Energy Secretary Chris Wright on Monday morning seemed to brush off warnings about the loss of generation capacity amid soaring demand.
"The more we load our grid with intermittent generation, the worse the grid performs during times of maximum demand," he posted on the social media platform. "The One Big Beautiful Bill will help end wasteful subsidies and deliver more reliable energy for the American people!"
In Texas, however, grid operator ERCOT said at its Board of Directors meeting last week that the state of the grid is strong, opens new tab and "ready for the challenges of extreme weather” this summer because of the new generation that has come online, and cited new large-scale solar energy and battery storage.”
https://www.reuters.com/sustainability/climate-energy/us-senate-bills-clean-energy-cuts-draw-backlash-labor-business-2025-06-30/

2025-06-17 17:12:44 UTC

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Add a wallet so you can receive zaps for your hard work!

2025-06-15 18:56:37 UTC

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🫡

2025-06-11 03:52:38 UTC

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Avocados 🥑

2025-05-31 14:54:05 UTC

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Plebs to suits
https://media3.giphy.com/media/l0Hlyab9gW16cYBBm/giphy.gif?cid=6c09b9524bvt7pwjcot7qs6o33vcyblcyln9roueoxy2jff0&ep=v1_internal_gif_by_id&rid=giphy.gif&ct=g

2025-05-27 20:43:02 UTC

Got NOSTR? https://www.zerohedge.com/political/just-gone-it-never-existed-youtube-nukes-top-canadian-political-account-after-state

2025-05-25 18:49:01 UTC

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Absolutely agree and I didn’t mean to be appearing to defend any aspect of communism - and in a fair legal framework no question only one owner. The work itself has value independent of the legal framework though.

2025-05-25 12:24:40 UTC

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You may possess it, own it under a legal framework, and even may have designed it, but it will always be an example of his craftsmanship

2025-05-25 11:25:07 UTC

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Both of yours! You worked so he could work and it got created

2025-05-22 13:34:49 UTC

Digital…https://m.youtube.com/watch?v=PBwAxmrE194

2025-05-18 18:41:02 UTC

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No problem! BTW you should set up a wallet I would have zapped you

2025-05-18 13:59:25 UTC

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Saylor will issue more shares, diluting back to $100, with proceeds buying btc for benefit of MSTR equity holders

2025-05-16 19:32:24 UTC

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Absolutely agree and love this. I have a Kinetico water softener and filtration system that I love! No better investment than clean water 🙌

2025-05-03 16:47:03 UTC

Demand is growing and not priced into electricity https://www.utilitydive.com/news/exelon-data-center-pipeline-pjm-maryland-earnings/746971/

2025-04-27 00:03:36 UTC

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First rule of project management - nothing done is nothing done wrong

2025-04-26 15:58:00 UTC

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I’d argue they have a good track record but it’s a fair point - always part of the risk/reward calc. You should get a wallet btw I tried to zap ⚡️ you!!

2025-04-26 13:23:00 UTC

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Dotcom was just bad valuations due to opaque information. MSTR has been very transparent with BTC acquisition fund raising information.

2025-04-26 12:31:05 UTC

If you don’t understand capital pools, fund charters and their inherent restrictions, then I’m guessing you think MSTR and 21 are scams.

2025-04-26 12:20:42 UTC

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💩

2025-04-21 22:34:39 UTC

You are what you practice

2025-04-20 00:01:26 UTC

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Tomorrow’s problem, not insurmountable

2025-04-19 18:58:03 UTC

Michael Saylor/MSTR is living rent free in the minds of many, if you don’t agree with him, can’t you just ignore? 🤷

2025-04-17 00:05:26 UTC

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Glad you are free sir!

2025-04-10 17:17:30 UTC

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MAKE ALL CAPS GREAT AGAIN

2025-04-01 12:49:45 UTC

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I’m not ignoring dilution. The btc/share growth is fully diluted including convertible debt and pref equity. The debt has been accretive, meaning it increases the btc/share in every instance. The risk is counterparty but the reward would be a continued btc/share growth. Also, companies who take risk to create value (adding more btc/share in the example) trade at multiples of net asset value, ETF trade near par of whatever they are tracking - it’s apples and oranges.

2025-04-01 02:53:49 UTC

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https://m.primal.net/QAEg.jpg

2025-04-01 00:38:29 UTC

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This is a poor take. Do a discounted bitcoin flow analysis (DBA) using the yield numbers Strategy have been achieving or project over next 5 years. You’ll see btc/share projected at the end of 5 years tracks to around the mNAV multiple. Said another way, they harvest more btc / share (by tapping restricted pools of capital) overtime. There’s trust and counterparty risk so act accordingly (or don’t invest) but they are not an ETF, so they get credit for the future btc they will add per share.

2025-03-31 20:09:14 UTC

I’m finding valuable things on NOSTR and paying in lightning, physical things. This is the NOSTR use case that gets me excited!

2025-03-30 18:05:23 UTC

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2025-03-30 16:13:11 UTC

NOSTR and lighting protocol make me so excited for the future!

2025-03-27 11:41:45 UTC

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❤️🫂

2025-03-26 23:00:45 UTC

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If someone is willing to give you debt with no carry cost, ie 0% interest, for any decent duration you take it - BTC or not

2025-03-15 23:12:44 UTC

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Must read material. Clearly lots of work and thought went into it.

2025-03-13 14:34:29 UTC

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What’s up with Japanese bonds?