BTC

all the reason to short btc. always drops the most

Fun fact: Japan has its own version of MicroStrategy, called Metaplanet. They also sucked dick as a company (hotel management) until they decided to aggressively borrow cheap Yen to become a Bitcoin accumulator and copy MSTR's scheme. Now they have a $435bn market cap. They have around 30,100 BTC at an average acquisition cost of *$90k per coin*. They're already underwater. 🌽pocalypse is nigh.

MSTR gonna dilute shares to buy a paperclip that they will continue to trade at the flea market until they obtain magic beans that they will then trade for more btc.

Wen BTC $2.7K?

If i remember correctly mstr has 650 000 btc thats about 55B usd. The market cap is about 50B  The enterprice value is about 65 B. i think this starts to be arbitrage play at some point.

Crypto bros told me BTC is a recession-proof asset class 🍑

Pump btc calls

I am saying they put out a pr saying if their net asset value remained below .95 they would be better off selling BTC to service dividends than selling shares Edit: Nothing more.

Let's run a hypothetical: Your a massive fund manager, your name rhymes with crackcock. Your current #1 revenue driver directly relates to BTC engagement. A BTC holder so big they could single handedly crash BTC, killing engagement, says "make my stock go up or it's fucking game time". I'll leave the rest out

I saw that once before too and it jumped up big time then too. It does always come back down again. (Unless btc starts climbing for real)

I mean 167 is cash value of their assets after debt at current BTC prices.

Market fundamentals? HA! BTC fundamentals? HA! Reality? We all get fooked .

$2B in forced liquidations over the weekend caused by the BTC slide - the tail is wagging the dog, this cannot last for long the tail will just fall off

BTC has no fundamentals, its fundamentally worth zero

Market fundamentals say its time for BTC rebound.

Mstr always does that. In the long run it will most likely keep decreasing but on any given day it's a tossup. Btc can also randomly pump 2%.

Apple hit ATH today, and rest tech kind of flat. If there was a real bear market in the stock market, I'd wonder how low btc and eth would be.

shorting btc and long qqq still free money hack

Btc owners have little pp

It turns out that instead of BTC being corelated to the market, its actually the other way around. EVERYTHING IS BITCOIN!

So the Whitehouse is now buying BTC....I SEE

BTC is actually weak

How are bitcoin and spy related? Btc down like 10% ytd while spy is up like 14%

$BTC might be turning down. Get out of your SPY calls now bulls. Fair warning

CORNBROS: "SAYLOR HAS A CASH RESERVE NOW SO HE WONT NEED TO SELL BITCOIN! BULLISH" Who's going to tell them that Saylor stocking cash ahead of time now means he doesn't see a BTC recovery that allows him sell premium to you and knows he will need cash obligations he can't lever off BTC. If bro was confident BTC was going to rocket soon he wouldn't be doing this.

Mstr valued under its btc holdings prob good for short term swing tbh

BTC will either have a major bust in the next 10 years or be massively adopted as true digital gold and easily go over $500,000. Based take

MSTR Selloff ==> BTC Selloff ==> More MSTR Selloff ==> BTC Selloff What a magnificent feedback loop

Tom Lee really looked everyone in the eye and said BTC $250,000 before year end

HOLY BTC IS SQUEEZING FROM 84K TO 85K

Starting a trading journey with a paperclip. Going to try to trade my way from a paperclip to a whole BTC before the BTC is worth less than the paperclip.

Strategy would sell its Bitcoin if its market-adjusted net asset value, aka mNAV, dropped below 1—meaning the company is valued lower than the value of the assets it holds. Isn't this inevitable? MSTR doesnt do anything besides hold bitcoin right but also charge a premium because they have overhead costs. BTC is fucked lmfao

But Taco was supposed to make BTC $500k and ETH $100k

Can't MSTR pay their div in BTC? Are they stupid or what?

hood following that closely to btc is just ridiculously annoying at this point

It was a random guy online who created the BTC hedging method. no one else had done this.

So goated RN. my account up big today from BTC shorts, on top of tech longs

I promise ill sell next time BTC is 120K lol

spy is probably trying to decouple from btc

Haven't heard this anywhere else. What is the chance that at least some amount of BTC selling is 🥭 straight up blowing up boats which can contain $50M or more in drugs. 20+ boats went down, it could add up. That combined with leveraged liquidations could be a recipe for red?

i don't own btc or cypto. but people mocked it relentlessly when it dropped to near 3k in 2019... this is a tiny drop compared to what that thing has bounced back from in the past.

Didn't MSTR say they'll have to sell some of their BTC holdings if BTC hits 80k?

BREAKING NEWS: TRUMP and his CRONIES are SHORTING BTC because they are buying SOON

$MSTR wagging the dog on BTC price Saylor hoisted on his own retard

Mstr just hit an all time low. Gotta buy the dip even if I don’t like btc, it’s not going anywhere 

Sometimes I think I suck at this, but then I remember that dilution king Cohen bought BTC at 108k

according to the lines i drew with my crayon, BTC is going down **BIGLY**

Why is HOOD tied directly btc performance?? BTC down, HOOD crashes

BTC liquidate only leads to more margin calls on stocks