{"type":"rich","version":"1.0","title":"dpark wrote","author_name":"dpark (npub189…pyrkg)","author_url":"https://yabu.me/npub189xvm6rtgwz0cct3fedal9vdqcwzq6pjauf8jq038rwt9nvad8lq8pyrkg","provider_name":"njump","provider_url":"https://yabu.me","html":"#MSTR ‘s volatility is a feature not a bug. \n\nnostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m describes buying bitcoin as putting a “crypto oscillator” or “crypto engine” onto the balance sheet. \n\nWith such a large #bitcoin position, the crypto economy drives the volatility at #MSTR\n- this volatility is driving the equity \n- the equity is driving the options\n- the options are driving the arbitragers\n- the arbitragers are providing unsecured, almost interest free capital\n- the capital is then used to reinvest into #bitcoin for the benefit of shareholders"}