rich1.0dpark wrotedpark (npub189…pyrkg)https://yabu.me/npub189xvm6rtgwz0cct3fedal9vdqcwzq6pjauf8jq038rwt9nvad8lq8pyrkgnjumphttps://yabu.me#MSTR ‘s volatility is a feature not a bug.
nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m describes buying bitcoin as putting a “crypto oscillator” or “crypto engine” onto the balance sheet.
With such a large #bitcoin position, the crypto economy drives the volatility at #MSTR
- this volatility is driving the equity
- the equity is driving the options
- the options are driving the arbitragers
- the arbitragers are providing unsecured, almost interest free capital
- the capital is then used to reinvest into #bitcoin for the benefit of shareholders